Governance Risk Management
Governance Risk Management involves the processes and strategies put in place by organizations to identify, assess, and mitigate potential risks that could impact the achievement of their objectives. This includes establishing frameworks for decision-making, implementing controls and procedures, and monitoring and evaluating risks to ensure compliance with regulations and best practices. Effective governance risk management helps organizations anticipate and respond to challenges, protect their assets, and sustain long-term success.
External Links
- [itgovernance.eu] IT Governance - Governance, Risk Management and Compliance for Information Technology Ireland
- [grc1.com] GRC ONE | Governance, Risk Management Compliance