ERM Toolkit summary

This toolkit demonstrates the framework for the effective and systematic management of risk. By using the framework, organisations are more likely to ensure that risk management is embedded throughout the organisation.

This framework toolkit can be applied at any level. From Board level, with the Senior Leadership Team down to Organisational Departments.

Use the ERM Toolkit and Toolkit Summary to gain a better understanding of the 5 steps to managing risks at a strategic level.

1. Risk identification
2. Risk assessment
3. Risk prioritisation
4. Risk mitigation
5. Risk monitoring