Novice ERM Practitioners

What are benefits of pursuing enterprise risk management? How can risk management enhance agency decision-making? What is the mission of the Association for Federal Enterprise Risk Management (AFERM)? Join host Michael Keegan as he explores these questions and more with our very special guest, Tom Brandt, Chief Risk Officer, at the US Internal Revenue Service (more…)

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Risk is everywhere. It is a condition of existence and government agencies aren’t immune from the slings and arrows of uncertainty. Risk takes many forms and continue to morph and transform with the pace of technology and the reality interconnectedness. It is a leadership imperative for government executives to mitigate the potency of uncertainty by (more…)

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This document is intended to assist agencies with successfully implementing the Digital Accountability and Transparency Act of 2014 (DATA Act), and complying with OMB Memorandum M-18-16, which calls for agencies to establish data quality plans (DQP) effective in FY 2019. This Playbook was developed by an inter-agency, inter-disciplinary working group (initially launched by the CFOC in 2017) to improve DATA Act implementation and support the President’s Management Agenda (PMA) Cross-Agency Priority (CAP) Goal Leveraging Data as a Strategic Asset. The Playbook reflects the collective contributions of the Federal financial assistance, acquisitions and financial management communities. The working group collaborated with key representatives of OMB, Treasury, and the Inspectors General community throughout the development of this Playbook.

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A brief discussion of how to create a risk register using Excel.  

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“Enterprise Risk Management: A Guide for Government Professionals” is the first textbook written on ERM in government. It provides a body of knowledge for educating and teaching pedagogy around the ERM subject. Includes survey of state, local and gov’t practitioners, and survey of core competencies. Book won the Most Promising New Textbook Award and reached Amazon’s Best Sellers List in Risk Management.

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An audio conversation with AFERM members Tom Stanton and Doug Webster.

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Risk oversight has grown in importance among all types of organisations this decade, but some of the gains can be attributed to public companies responding to US Securities and Exchange Commission (SEC) rules related to risk disclosures

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On behalf of the IBM Center for The Business of Government, we are pleased to present this report by Douglas Webster and Thomas Stanton

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Government agencies exist to deliver service that is in the public interest. The delivery of an agency’s objectives is surrounded by uncertainty which both poses threats to success and offers opportunity for increasing success….

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By John Kamensky, IBM Center for the Business of Government

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