In my last blog, I reviewed the benefits of ERM. That means you are probably hungry to sit down and take on a risk management initiative. But analyzing risks, setting controls, ensuring communication, and monitoring progress takes time and effort. Like serving any large, multi-course meal, ERM projects can be large, intimidating, tough to coordinate, and difficult to digest.
In tackling an enterprise risk management rollout, breaking down the project is essential for success.
The Five-Course Menu (or Project Plan)
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