Enterprise Risk Management: A Guide for Government Professionals

Based on the author's IBM Center for the Business of Government Report, Managing Risk in Government: An Introduction to Enterprise Risk Management, the book is a practical guide to all aspects of risk management in government organizations at the federal, state and local levels. Key to the content is alignment with ISO 31000, an internationally recognized framework issued in 2009 by the International Organization for Standardization (ISO) which provides guidelines on establishing and sustaining a formalized risk management approach that can be adopted by any organization - including public, private, not-for-profit and government organizations.Table of ContentsForeword (Introduction The Public Administrator as Risk Manager Risk Management: What It Is and Why It Matters Evolution of Risk ManagementFoundations of Success:   ISO31000- the Risk Management Standard for Decision-makersRisk Management in Government AgenciesU.S. Federal Government Policy on Risk ManagementFederal Managers Financial Integrity ActOMB Circular A-119GAO Standards for Internal Control Risk Management Policies in Foreign Provinces Risk Management in State Government Examples of Risk in the Federal Government Select Case StudiesCenters for Disease Control and PreventionBP Oil Spill Select Risk Assessment Report Analysiso National Archives and Records Administrationo Federal Housing Administrationo Mortgage Financing: FHA and Ginnie MaeInternational View of ISO31000 in Public AgenciesWhy Enterprise Risk Management in the Federal Government Overview Limitations to ERM ERM Frameworks  Operational, Financial and Strategic Risk Quantifying and Qualifying Risk: Tools for ActionRisk and Performance Management Government Performance Results Modernization Acto Understanding Strategic Risk Risk and Performance Reporting in Private Sector Organizations The U.S. Government Accountability Office  High Risk Listo Top Government Risks Understanding and Building a Risk Maturity Capability Model in your AgencyRisk Management and the Government Employee ISO31000 for the Budget Analyst ISO31000 for the Grants Management Specialist ISO31000 for the Program Analyst ISO31000 for the Management Analyst ISO31000 for the Administrative OfficerBuilding a Risk Culture: Behaviors, Skills, and Competencies 2013 Survey Results from FederalERM.orgRisk Management Tools, Templates and Resources Sample Risk Management Policy Sample 90-Day Plan of Action Implementation Checklist for ISO31000Risk Vocabulary