Overview
For this week, please review the Lesson 5 materials, including the lesson powerpoint and What level of risk is acceptable?
2) Please review the best practices in the KPMG Navigating Uncertainty article and assess the maturity of your organization's ERM program. What is working? What is not working as desired or has not been implemented? Do you see any benefits from the program or challenges with it? Response should be approximately 150 - 200 words.
readings. This week's discussion board assignment is as follows:
1) Draft a risk appetite statement for your organization or work unit - no more than 100 words. It should address how your organization seeks to or ought to best balance the mission, resources, risk, and compliance in seeking to effectively manage risk and avoid or mitigate negative outcomes.