Measuring ERM maturity: Adopting a multi-dimensional approach
Measuring ERM maturity: Adopting a multi-dimensional approach
Insight

Measuring ERM maturity

A maturity-based approach to ERM adoption continually evaluates how implementation is progressing, while providing accountability and a future roadmap.

Establishing enterprise risk management (ERM) as the heart of Office of Management Budget Circular A-123 represents transformative change to the way federal agencies have historically viewed risk management and internal controls. It will take time for agencies to build mature ERM capabilities that become part of normal day-to-day programs and operations.

A maturity-based approach to ERM adoption continually evaluates how implementation is progressing, while providing accountability and a roadmap for future progress. Agencies can benefit from a multi-dimensional approach to measuring maturity aligned to the expectations and requirements of Circular A-123.

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