A 2012 Summit Presentation by John Driessnack, Management Concepts. Discusses resources allocation with a look at the Federal Budget process, foresight and managing the risks associated, and increased value — balancing performance, cost and risk with a focus on achieving the best value.
DownloadAnticipating and Managing Risk in a Dynamic Environment – 2012
A 2012 Summit Presentation by Gene L. Dodaro, Comptroller General of the United States, U.S. Government Accountability Office. Discusses GAO’s planning framework and trends.
DownloadERM: Risk Evaluation: Practical Considerations – 2012
A 2012 Summit Presentation by Laurie J. Champion, Managing Director & Practice Leader, Aon Risk Solutions. Discusses ISO31000 Principles and Guidelines and the ERM framework.
DownloadRisk Response – Long Term Capability Building – 2012
A 2012 Summit Presentation by Edgar Calderón, Manager, Risk Management, Security & Safety, FAA; David Emanuel, Director, US Government , Active Risk, Inc.; and Paul Ellia, SAIC, Risk Management, Security & Safety, FAA. Discusses Enterprise Risk Management at the Federal Aviation Administration.
DownloadAT&L/PARCA’s Root Cause Findings Related Risk in Cost Est. – 2012
A 2012 Summit Presentation by Gary R. Bliss, Director, PARCA, Department of Defense. Discusses PARCA’s role and steps to improve baseline estimates.
DownloadAFERM Annual Meeting – 2012
The AFERM Annual Meeting Presentation at the 2012 Summit. A discussion on the “State of the Association,” including its mission, organization, finances, programs, activities and volunteers.
DownloadOCC Appetite Risk Assessment
The Office of the Comptroller of the Currency (OCC) is an independent agency entrusted with unique powers and authorities to administer the federal banking system. The OCC established its Enterprise Risk Management (ERM) function in 2015 to identify and assess OCC’s mission-critical risks and support the agency in managing those risks. By establishing a systematic approach to identifying, assessing, and managing risk, the OCC intends to continually improve the agency’s governance, increase accountability, and enhance overall performance.
The Office of Enterprise Risk Management, led by the Chief Risk Officer, reports directly to the Comptroller of the Currency and administers the agency’s ERM framework. As part of the framework, the Risk Appetite Statement articulates the level and type of risk the agency will accept while conducting its mission. This statement is the result of a careful evaluation of how risks affect the agency’s ability to achieve its strategic goals.
The Risk Appetite Statement establishes risk tolerance in nine categories
DownloadCOSO Enterprise Risk Management-Integrated Framework Update
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has unveiled an update to its Enterprise Risk Management – Integrated Framework and is seeking public comment of the proposal, from June 15 through Sept. 30. The update, Enterprise Risk Management — Aligning Risk with Strategy and Performance, is designed to address the needs of all organizations to improve their approach to managing new and existing risks as a way to help create, preserve, sustain, and realize value.
Link to COSO site: http://www.coso.org/ermupdate.html.
OMB Circular A-123, Management’s Responsibility for Enterprise Risk Management and Internal Control
Memorandum to the Heads of Executive Departments and Agencies
OMB A-123 Playbook: Enterprise Risk Management for the U.S. Federal Government
Memorandum from Chief Financial Officers Council (CFOC) & Performance Improvement Council (PIC)