Development of risk management frameworks involves creating structured approaches to identify, assess, and mitigate risks within an organization. These frameworks provide a systematic way to handle potential threats and uncertainties.I can assist you in developing customized risk management frameworks tailored to your organization’s specific needs and industry. Together, we can:

• Define the scope and objectives of your risk management program
• Identify key stakeholders and their roles in risk management
• Establish risk identification processes and techniques
• Develop risk assessment methodologies and criteria
• Create risk mitigation strategies and action plans
• Design risk monitoring and reporting mechanisms
• Implement governance structures for oversight and accountability
• Integrate the framework with existing business processes
• Develop training programs to build risk management capabilities

Our approach will focus on creating a practical, adaptable framework that aligns with your organization’s goals and risk appetite. We’ll draw on best practices from established frameworks like COSO ERM, ISO 31000, and NIST RMF, while customizing the approach to fit your unique context.