Organizations are more aware than ever of the importance of managing risks. Creating value or doing business is impossible without taking risks. So how much risk can an organization take? How much uncertainty is acceptable to pursue value creation?
Enterprise Risk Management (ERM) helps organizations deal with this critical issue. It enables companies to identify the events related to achieving a certain objective, which leads to the disciplined identification of risks and opportunities.
The COSO ERM Framework is widely accepted as a standard for implementing ERM. The COSO ERM Framework is an integral part of Project Portfolio management. Integra-co can help you put in place a Risk Management framework based on the COSO ERM Framework for your enterprise.