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Risk Management Framework Policy - Risk Management Policy...

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Risk Management Policy The following sample outlines a set of policies and procedures for structuring risk management activities such that risks are identified, assessed, managed, monitored and reported in a uniform manner. Prepared By: ______________ Approved By: ______________ Revision Date: ______________ Effective Date: ______________ PURPOSE: Through the risk management framework the company aims to structure risk management activities such that risks are identified, assessed, managed, monitored and reported in a uniform manner. SCOPE: To ensure effective risk management, all divisions within the company will implement and maintain the risk management framework. POLICY: The company recognizes risks are associated with achieving our value-based objectives. Managing these risks forms an essential part of our business. The aim of risk management within this company is to provide reasonable assurance that we understand the risks associated with achieving our business objectives and that we are responding appropriately to these risks at all levels within our organization. This is achieved by ensuring that at all times:
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