Managing Risk in Government: An Introduction to Enterprise Risk Management

This report explores how federal chief financial officers (CFOs) and financial managers can help guide their agencies to take a more holistic approach to risk management by implementing an Enterprise Risk Management (ERM) system.

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By

Dr. Karen Hardy

Senior Advisor

National Academy of Public Administration khardy@napawash.org

 

This report explores how federal chief financial officers (CFOs) and financial managers can help guide their agencies to take a more holistic approach to risk management by implementing an Enterprise Risk Management (ERM) system. This approach helps reduce the total cost of compliance, while helping agencies achieve greater value from their risk management activities. 

RiskinGovernment