Government Managing Risk

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Risk Assessment in the Federal Government

Author : National Research Council,Division on Earth and Life Studies,Commission on Life Sciences,Committee on the Institutional Means for Assessment of Risks to Public Health
Publisher : National Academies Press
Page : 206 pages
File Size : 46,6 Mb
Release : 1983-02-01
Category : Medical
ISBN : 9780309033497

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Risk Assessment in the Federal Government by National Research Council,Division on Earth and Life Studies,Commission on Life Sciences,Committee on the Institutional Means for Assessment of Risks to Public Health Pdf

The regulation of potentially hazardous substances has become a controversial issue. This volume evaluates past efforts to develop and use risk assessment guidelines, reviews the experience of regulatory agencies with different administrative arrangements for risk assessment, and evaluates various proposals to modify procedures. The book's conclusions and recommendations can be applied across the entire field of environmental health.

Managing Risk and Performance

Author : Thomas Stanton,Douglas W. Webster
Publisher : John Wiley & Sons
Page : 219 pages
File Size : 49,8 Mb
Release : 2014-02-10
Category : Business & Economics
ISBN : 9781118841808

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Managing Risk and Performance by Thomas Stanton,Douglas W. Webster Pdf

Discover analytical tools and practices to help improve the quality of risk management in government organizations Federal agencies increasingly recognize the importance of active risk management to help ensure that they can carry out their missions. High impact events, once thought to occur only rarely, now occur with surprising frequency. Managing Risk in Government Agencies and Programs provides insight into the increasingly critical role of effective risk management, while offering analytical tools and promising practices that can help improve the quality of risk management in government organizations. Includes chapters that contribute to the knowledge of government executives and managers who want to establish or implement risk management, and especially Enterprise Risk Management (ERM), in their agencies Features chapters written by federal risk managers, public administration practitioners, and scholars Showing government officials how to improve their organization's risk management capabilities, Managing Risk in Government Agencies and Programs meets a growing demand from federal departments and agencies that find themselves increasingly embarrassed by risky events that raise questions about their ability to carry out their missions.

Enterprise Risk Management

Author : Karen Hardy
Publisher : John Wiley & Sons
Page : 336 pages
File Size : 44,7 Mb
Release : 2014-11-10
Category : Business & Economics
ISBN : 9781118911020

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Enterprise Risk Management by Karen Hardy Pdf

Winner of the 2017 Most Promising New Textbook Award by Textbook & Academic Authors Association (TAA)! Practical guide to implementing Enterprise Risk Management processes and procedures in government organizations Enterprise Risk Management: A Guide for Government Professionals is a practical guide to all aspects of risk management in government organizations at the federal, state, and local levels. Written by Dr. Karen Hardy, one of the leading ERM practitioners in the Federal government, the book features a no-nonsense approach to establishing and sustaining a formalized risk management approach, aligned with the ISO 31000 risk management framework. International Organization for Standardization guidelines are explored and clarified, and case studies illustrate their real-world application and implementation in US government agencies. Tools, including a sample 90-day action plan, sample risk management policy, and a comprehensive implementation checklist allow readers to immediately begin applying the information presented. The book also includes results of Hardy's ERM Core Competency Survey for the Public Sector; which offers an original in-depth analysis of the Core Competency Skills recommended by federal, state and local government risk professionals. It also provides a side-by-side comparison of how federal government risk professionals view ERM versus their state and local government counterparts. Enterprise Risk Management provides actionable guidance toward creating a solid risk management plan for agencies at any risk level. The book begins with a basic overview of risk management, and then delves into government-specific topics including: U.S. Federal Government Policy on Risk Management Federal Manager's Financial Integrity Act GAO Standards for internal control Government Performance Results Modernization Act The book also provides a comparative analysis of ERM frameworks and standards, and applies rank-specific advice to employees including Budget Analysts, Program Analysts, Management Analysts, and more. The demand for effective risk management specialists is growing as quickly as the risk potential. Government employees looking to implement a formalized risk management approach or in need of increasing their general understanding of this subject matter will find Enterprise Risk Management a strategically advantageous starting point.

Managing Risks Across the Public Sector

Author : Victoria. Auditor-General,Victorian Auditor General's Office
Publisher : Unknown
Page : 95 pages
File Size : 40,7 Mb
Release : 2003-01-01
Category : Executive departments
ISBN : 0731159764

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Managing Risks Across the Public Sector by Victoria. Auditor-General,Victorian Auditor General's Office Pdf

When All Else Fails

Author : David A. Moss
Publisher : Harvard University Press
Page : 472 pages
File Size : 53,6 Mb
Release : 2004-10-25
Category : Business & Economics
ISBN : 0674016092

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When All Else Fails by David A. Moss Pdf

One of the most important functions of government—risk management—is one of the least well understood. Moving beyond familiar public functions—spending, taxation, and regulation—Moss spotlights government's pivotal role as a risk manager, revealing the nature and extent of this function, which touches almost every aspect of economic life.

The Risk Management of Everything

Author : Michael Power
Publisher : Demos
Page : 74 pages
File Size : 46,9 Mb
Release : 2004
Category : Business & Economics
ISBN : 9781841801278

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The Risk Management of Everything by Michael Power Pdf

The report describes the development of a new risk management culture within professions, companies and governments. The obsession with managing risk is creating organisations which are not so much risk averse as ‘responsibility averse’. In medicine, doctors are practising ‘defensive medicine’ where opinions are heavily qualified with caveats and patients left to make big decisions. The report also refers to growing evidence that since Enron’s failure, major accountancy firms are declining to work with ‘high risk’ clients - the very ones that should be thoroughly audited. “When disclaimer paragraphs are longer than the professional opinions they follow, we know something has gone wrong,” says author Professor Michael Power, a director of the ESRC Centre for Analysis of Risk and Regulation at the London School of Economics. “In the interests of transparency, small print should be made large and ruled out as a secondary risk management ploy. “The trends in professions such as medicine and auditing signal a withdrawal of individual judgement from the public. Minimal records are kept, staff are cautioned about the use of email, and normal correspondence is littered with disclaimers. The risk management of everything implies a society of ‘small print’.” Power sees the rise of the ‘risk management of everything’ as a related trend to the audit culture, which included the government’s now widely criticised love of targets as a policy tool. The Audit Explosion, Power’s previous Demos pamphlet, predicted that the overuse of audit leads to a focus on measurable outputs rather than real outcomes. “The most influential dimension of the audit explosion is the process by which [organisations] are made auditable and structured to conform to the need to be monitored,” Power wrote in 1994. Power’s new book argues that risk management is the ‘new audit’ and is having a similar distorting effect on the performance of professionals, companies and government.

Government at Risk

Author : Hana Polackova Brixi,Allen Schick
Publisher : World Bank Publications
Page : 492 pages
File Size : 53,8 Mb
Release : 2002
Category : Business & Economics
ISBN : 0821348353

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Government at Risk by Hana Polackova Brixi,Allen Schick Pdf

Many governments have faced serious instability as a result of their contingent liabilities. But conventional public finance analysis and institutions fail to address such fiscal risks. This book aims to provide motivation and practical guidance to governments seeking to improve their management of fiscal risks. The book addresses some of the difficult analytical and institutional challenges that face reformers tooling up to manage government fiscal risks. It discusses the inadequacies of conventional practices as well as recent advances in dealing with fiscal risk.

Managing Risk Across the Public Sector

Author : Victoria. Auditor-General
Publisher : Unknown
Page : 50 pages
File Size : 43,8 Mb
Release : 2007
Category : Executive departments
ISBN : 1921060441

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Managing Risk Across the Public Sector by Victoria. Auditor-General Pdf

OECD Public Integrity Handbook

Author : OECD
Publisher : OECD Publishing
Page : 208 pages
File Size : 42,9 Mb
Release : 2020-05-20
Category : Electronic
ISBN : 9789264536173

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OECD Public Integrity Handbook by OECD Pdf

The OECD Public Integrity Handbook provides guidance to government, business and civil society on implementing the OECD Recommendation on Public Integrity. The Handbook clarifies what the Recommendation’s thirteen principles mean in practice and identifies challenges in implementing them.

Enterprise Risk Management, Selected Agencies' Experiences Illustrate Good Practices in Managing Risk

Author : U. S. Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 56 pages
File Size : 45,7 Mb
Release : 2017-07-19
Category : Chief financial officers
ISBN : 1973716909

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Enterprise Risk Management, Selected Agencies' Experiences Illustrate Good Practices in Managing Risk by U. S. Government Accountability Office Pdf

" Federal leaders are responsible for managing complex and risky missions. ERM is a way to assist agencies with managing risk across the organization. In July 2016, the Office of Management and Budget (OMB) issued an updated circular requiring federal agencies to implement ERM to ensure federal managers are effectively managing risks that could affect the achievement of agency strategic objectives. GAO's objectives were to (1) update its risk management framework to more fully include evolving requirements and essential elements for federal enterprise risk management, and (2) identify good practices that selected agencies have taken that illustrate those essential elements. GAO reviewed literature to identify good ERM practices that generally aligned with the essential elements and validated these with subject matter specialists. GAO also interviewed officials representing the 24 Chief Financial Officer (CFO) Act agencies about ERM activities and reviewed documentation where available to corroborate officials' statements. GAO studied agencies' practices using ERM and selected examples that best illustrated the essential elements and good practices of ERM. GAO provided a draft of this report"

Public Sector Risk Management

Author : Martin Fone,Peter C. Young
Publisher : Elsevier
Page : 341 pages
File Size : 55,9 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 075065161X

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Public Sector Risk Management by Martin Fone,Peter C. Young Pdf

The management of risk is a fundamental purpose of government. Whether risks arise from the physical environment, the economic environment, or even from changes in voter preferences, public institutions have a broad responsibility to assess and address the risks that impact the community they serve and their organisation. Public bodies are operating in a dynamic environment. The imposition of a Best Value regime is forcing them not only to perform more efficiently, effectively and responsively but also to develop best practices and benchmarking criteria to demonstrate their performance. At the same time, the ever-increasing delegation of responsibilities from central government and the European Union has widened their exposure to risk. Public institutions are now encouraged to partner with the private sector and outsource some of their traditionally retained services, generating agency and delegation exposures. In such an environment, controlling the cost of risk has become a real priority. But risk management is not just about preventing losses and reducing costs. Increasingly, risk management is defined as the co-ordinated management of all risks. This definition serves to encompass risk-taking where it serves to meet overall organisational objectives. This broader view of risk management, known as 'organisation risk management,' asserts that risk management is a general management function that permeates an organisation, is linked to the organisation's overall strategic plan, and serves to enable the operational achievement of organisational goals and objectives. Under this frame of reference, risk management is not something a risk management department practices on a public body; but rather an organisational value that informs and supports all managers' and employees' duties and activities. Risk management is a central purpose of public institutions. 'Public Sector Risk Management' addresses the major challenges facing public bodies today and provides the basic tools necessary for implementing a risk management programme. It introduces the subject of risk management through the development of a framework known as 'Organisation Risk Management' (ORM), which establishes the premise of risk management as an organisation-wide endeavour. Readers will learn of the governing concepts and principles of ORM in the public sector, but will also see how those concepts and principles translate into practice. Various ready-to-use tools and techniques are provided, which will enable readers to translate information into immediate use within their organisations. 'Public Sector Risk Management' is ideal for practising risk managers, senior managers, and elected members desiring an accessible, but thorough, introduction to the subject . Provides a comprehensive framework for the management of Public Sector Risk Management Endorsed by The Institute of Risk Management (IRM) and by The Association of Local Authority Risk Managers (ALARM) on their public risk management programs

Managing Risk in Local Government

Author : Peter C. Young
Publisher : Sheshunoff & Company
Page : 586 pages
File Size : 42,6 Mb
Release : 1999-01-01
Category : Business & Economics
ISBN : 1558272879

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Managing Risk in Local Government by Peter C. Young Pdf

Enterprise Risk Management in Government

Author : James Kline Ph.D. CERM
Publisher : CERM Academy Series on Enterprise Risk Management
Page : 152 pages
File Size : 42,9 Mb
Release : 2019-11-01
Category : Business & Economics
ISBN : 8210379456XXX

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Enterprise Risk Management in Government by James Kline Ph.D. CERM Pdf

ERM in Government is a no-frills step-by-step guide for implementing the International Organization for Standardization (ISO) 31000 in government. ISO 31000 is an international standard for implementing Enterprise Risk Management (ERM). In our dynamic, interconnected environment, the subject of risk management has become increasingly important. The costs of risk events are increasing as is their number. As a result, governments around the world are taking a proactive approach to risk management. They are implementing ERM. ERM process is fast becoming a minimum competency requirement for public sector managers.

Management of Risk

Author : Anonim
Publisher : The Stationery Office
Page : 160 pages
File Size : 53,9 Mb
Release : 2002
Category : Business & Economics
ISBN : 0113309090

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Management of Risk by Anonim Pdf

This guide is intended to help organisations put in place effective frameworks for taking informed decisions about risk. It brings together recommended approaches, checklists and pointers to more detailed information on tools and techniques. The topics covered include: the principles of risk management; how risks are managed; managing risks at the strategic, programme, project and operational level; techniques and examples of the benefits of risk management. The publication draws on the experience of experts from both the private and public sector.

Public Sector Enterprise Risk Management

Author : Kenneth C. Fletcher,Thomas H. Stanton
Publisher : Unknown
Page : 152 pages
File Size : 49,5 Mb
Release : 2019
Category : Administrative agencies
ISBN : 1138333182

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Public Sector Enterprise Risk Management by Kenneth C. Fletcher,Thomas H. Stanton Pdf

Through a series of case studies and selected special topics, Public Sector Enterprise Risk Management presents examples from leading Enterprise Risk Management (ERM) programs on overcoming bureaucratic obstacles, developing a positive risk culture, and making ERM a valuable part of day-to-day management. Specifically designed to help government risk managers, with concepts and approaches to help them advance risk management beyond the basics, the book: Provides a balanced mix of concepts, instruction and examples; Addresses topics that go beyond the basics of Enterprise Risk Management (ERM) program design and implementation; Includes insights from leading practitioners and other senior officials. Many government organizations can refer to the growing body of materials that provide examples of ERM processes and procedures. Far fewer reference materials and examples exist to help organizations develop a risk-mature organizational culture that is critical to the long-term success and strategic value that ERM represents to government organizations. Public Sector Enterprise Risk Management begins to fill that void and is intended to help public sector risk managers overcome barriers that inhibit ERM from becoming an active contributor to major decisions that top officials must make. to help organizations develop a risk-mature organizational culture that is critical to the long-term success and strategic value that ERM represents to government organizations. Public Sector Enterprise Risk Management begins to fill that void and is intended to help public sector risk managers overcome barriers that inhibit ERM from becoming an active contributor to major decisions that top officials must make.