Operational Risk Management Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Operational Risk Management Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Operational Risk Management related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Operational Risk Management specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Operational Risk Management Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 993 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Operational Risk Management improvements can be made.

Examples; 10 of the 993 standard requirements:


1. How can emerging technologies as AI and blockchain improve operational risk management, and how can departments mitigate the risks associated with using technologies?
   
   

2. What can companies do to increase the agility and speed, provide the required app functionality, reduce other operational risks and ensure the likelihood of success?
   
   

3. What do you do to improve the identification and reduction of the operational risk profile during the concept selection and design phases?
   
   

4. Is your climate risk appetite adequately integrated into your control and limit setting processes and operational risk management?
   
   

5. Does your organization need to include, within its actual wholesale grading system, a separate grade for defaulted assets?
   
   

6. What does your organization do to improve on risk management strategies on enhancing its effectiveness and performance?
   
   

7. Does the framework/policy include your organizations Tax Risk Appetite in relation to strategic and operational risk?
   
   

8. How do you tackle traditional store operational risks, as inventory shrinkage, under the new, disrupted environment?
   
   

9. Is there substantial agreement across your organizations on the timing and implementation of the approval process?
   
   

10. Which are the main sources of operational risk in centralized risk management processes in financial institutions?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Operational Risk Management book in PDF containing 993 requirements, which criteria correspond to the criteria in...


Your Operational Risk Management self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Operational Risk Management Self-Assessment and Scorecard you will develop a clear picture of which Operational Risk Management areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Operational Risk Management Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Operational Risk Management projects with the 62 implementation resources:


• 62 step-by-step Operational Risk Management Project Management Form Templates covering over 1500 Operational Risk Management project requirements and success criteria:


Examples; 10 of the check box criteria:


1. WBS Dictionary: Are Operational Risk Management projected overhead costs in each pool and the associated direct costs used as the basis for establishing interim rates for allocating overhead to contracts?
   
   

2. Stakeholder Management Plan: Can the requirements be traced to the appropriate components of the solution, as well as test scripts?
   
   

3. Team Performance Assessment: How do you keep key people outside the group informed about its accomplishments?
   
   

4. Stakeholder Analysis Matrix: What coalitions might build around the issues being tackled?
   
   

5. Probability and Impact Matrix: Which risks need to move on to Perform Quantitative Risk Analysis?
   
   

6. Change Request: What are the basic mechanics of the Change Advisory Board (CAB)?
   
   

7. Team Member Status Report: Does every department have to have a Operational Risk Management project Manager on staff?
   
   

8. Activity Duration Estimates: Why is activity definition the first process involved in Operational Risk Management project time management?
   
   

9. Risk Register: Having taken action, how did the responses effect change, and where is the Operational Risk Management project now?
   
   

10. Source Selection Criteria: How and when do you enter into Operational Risk Management project Procurement Management?


 
Step-by-step and complete Operational Risk Management Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Operational Risk Management project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Operational Risk Management project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Operational Risk Management project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Operational Risk Management project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Operational Risk Management project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Operational Risk Management project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Operational Risk Management project with this in-depth Operational Risk Management Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Operational Risk Management projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Operational Risk Management and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Operational Risk Management investments work better.

This Operational Risk Management All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.