The Risk Management Processes Audit will consist of the following:
Review of existing risk library, including risks identified by staff, Board and stakeholders
Analysis and recommendations regarding risk ranking system for all the organization's identified risks
Analysis and recommendations regarding compliance register for risk
Analysis and recommendations regarding definitions of risk rankings
Analysis and recommendations regarding risk management strategies for all of the identified high priority risks
Analysis and recommendations regarding template to manage and monitor risks
Recommendations for upskilling of the Board and staff in regards to embedding risk reports into the Audit committee agenda, Board agenda and evaluation processes
Other Risk Management Services
Formal Risk Management Plan facilitation
Risk Management Processes Audit
In-house Board & Senior Executive workshop