ERM (Enterprise Risk Management)
GPTKB entity
Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
risk management framework
|
| gptkbp:abbreviation |
gptkb:Enterprise_Risk_Management
|
| gptkbp:appliesTo |
organizations
|
| gptkbp:benefit |
gptkb:legislation
better resource allocation enhanced stakeholder confidence improved risk visibility |
| gptkbp:challenge |
resource constraints
data quality issues organizational resistance integration with strategy |
| gptkbp:component |
risk communication
risk assessment risk monitoring risk identification risk response |
| gptkbp:enables |
informed decision making
risk-aware culture |
| gptkbp:focusesOn |
assessment of risks
identification of risks management of risks |
| gptkbp:goal |
maximize opportunities
minimize negative impact of risks |
| https://www.w3.org/2000/01/rdf-schema#label |
ERM (Enterprise Risk Management)
|
| gptkbp:includes |
financial risk
operational risk strategic risk compliance risk |
| gptkbp:originatedIn |
late 20th century
|
| gptkbp:promotion |
gptkb:International_Organization_for_Standardization_(ISO)
Committee of Sponsoring Organizations of the Treadway Commission (COSO) |
| gptkbp:relatedTo |
gptkb:legislation
corporate governance internal controls business continuity |
| gptkbp:requires |
continuous improvement
board oversight management involvement |
| gptkbp:standardizedBy |
gptkb:ISO_31000
gptkb:COSO_ERM_Framework |
| gptkbp:usedBy |
gptkb:government_agency
corporations nonprofit organizations |
| gptkbp:uses |
risk register
risk appetite statement risk dashboard risk heat map |
| gptkbp:bfsParent |
gptkb:Chartered_Enterprise_Risk_Analyst_(CERA)
|
| gptkbp:bfsLayer |
8
|