ERM Organizational Risk Quiz
With Enterprise risk management (ERM) getting increased attention in many organizations and across industries it is important to understand the various parts of an ERM program and how they affect the program overall. Proper implementation of ERM can facilitate better decision-making, increase efficiency, and enhance an organization’s risk control efforts to support critical Governance, Risk, and Compliance (GRC) initiatives. Effective ERM enables management to cope with potential future events that create uncertainty and helps management respond in a manner that reduces negative outcomes.
This quick ERM Risk Quiz covers a number of ERM program elements and helps you focus on what is important to get your program in top shape.