Building Your Risk Management System - The Handbook

Integrating a risk management system into your department or organization will be a major endeavor. While there are significant benefits to making this change, the degree of effort required should not be underestimated. Designing and implementing an ERM system is not something you can just jump into.

You need a plan. A logical approach to set things out and tackle this in a thoughtful way.

This guide is that plan for anyone building an ERM or ESRM system

This guide outlines the system and process I have used to develop dozens of major programs for clients. This guide lays out a process that has worked for a wide range of firms, providing you with a step-by-step approach to help you successfully complete this project for your own organization. Sections cover how to:

• Scope and design the project
• Understand the organization
• Develop the framework
• Develop the documents
• Budget for / request purchases
• Review the ERM
• Train the people
• Roll out the system

This is a real 'how-to', for people who want to get this done. So in addition to the explanations of each step, the book contains links to give you access to forms, tools and templates to help you develop your system.

The book also contains two essays, How to design a framework for an ERM system and Integrating an ERM system into your organization. These complement the how-to elements of the guide by providing additional background explaining what the system should do and why in more detail.