enterprise risk management
The methods and processes used by an enterprise to manage risks to its mission and to establish the trust necessary for the enterprise to support shared missions. It involves the identification of mission dependencies on enterprise capabilities, the identification and prioritization of risks due to defined threats, the implementation of countermeasures to provide both a static risk posture and an effective dynamic response to active threats; and it assesses enterprise performance against threats and adjusts countermeasures as necessary.
Senses
A comprehensive approach to risk management that engages people, processes, and systems across an organization to improve the quality of decision making for managing risks that may hinder an organization’s ability to achieve its objectives.
Classifications
Entity Type
Sensitivity
Information Class
Variants
- plural
- enterprise risk managements
- possessive
- enterprise risk management's
- pluralpossessive
- enterprise risk managements'