Establish that your organization contributes to the overall quality of Risk Management across your organization for the purpose of developing, implementing, maintaining, and training on the Operational Risk Management Program, Framework, Policy, and procedures.
More Uses of the Operational Risk Management Toolkit:
- Keep abreast of latest Operational Risk Management techniques and industry Best Practices.
- Confirm your business provides Operational Risk Management Strategies across an account and ensures that the Delivery Teams apply strategies to operational Delivery Processes and procedures.
- Contribute to the development of the markets and trading Operational Risk Management Framework, standards and methodology, and providing updates on a periodic basis in line with the changing Risk Profile.
- Manage the development of the risk Management Strategy, Risk Assessment philosophy and Operational Risk Management Program.
- Confirm your organization ensures there are effective Operational Risk Management Programs and/or controls in place at each of the Consumer Retail Services significant or material vendors.
- Arrange that your venture assess compliance and Operational Risk Management Policies.
- Supervise: review and challenge models used in Operational Risk Management.
- Be accountable for performing risk review and evaluating Business Processes in conjunction with other ORM Business Operational Risk Management Teams.
- Standardize: monitor all Operational Risk Management activities of your organization.
- Ensure you reorganize; lead with expertise in financial and Operational Risk Management Concepts, Best Practices, and regulations.
- Develop Operational Risk Management Policies And Standards for on going Risk Management.
- Provide guidance and support related to CARE enterprise wide and Operational Risk Management Processes.
- Provide direction and leadership to the Operational Risk Management area in support of your organizations goals.
- Assure your corporation develops, maintain, and reports on Operational Risk Management Metrics.
- Oversee and monitor all Operational Risk Management activities of your organization.
- Secure that your organization provides vision and leadership in directing and implementing your organizations strategic Operational Risk Management Program.
- Lead the daily Operational Risk Management (ORM) meetings ensuring Quality items/issues for the scope of the work are considered.
- Arrange that your corporation complies; OS offer Software Solutions and professional Consulting Services to industry to address Operational Risk Management needs.
- Ensure you arrange; lead the design, implementation and sustainability of Operational Risk Management Programs and practices (Scenario Analysis, Event Data Collection, Risk and Control Assessment, Key Risk Indicators).
- Direct: full development of Operational Risk Management Programs in consumer Retail Services, ensuring it is fit for purpose in a retail business while adhering to the Operational Risk framework.
- Evaluate alignment with the Operational Risk Management Framework.
- Operate compliance and Operational Risk Management.
- Create and monitor standardized Internal Processes to ensure processes are consistent with overall Operational Risk Management goals.
- Provide direction and leadership to the Operational Risk Management area.
- Elevate the connections of your offerings in the area of Enterprise Risk Management (ERM), Operational Risk Management (ORM), Integrated Risk Management (IRM) and Governance, Risk and Compliance Technologies.
- Arrange that your enterprise provides analysis and Risk Evaluation of Operational Risk Management duties and lead defining remediation efforts.
- Bring into consideration performing risk review and evaluating Business Processes in conjunction with other ORM Business Operational Risk Management Teams.
- Secure that your organization leads the design, implementation and sustainability of Operational Risk Management Programs and practices (Scenario Analysis, Event Data Collection, Business Environment Internal Control Framework, Key Risk Indicators).
- Represent the Operational Risk Management organization in the development of an Enterprise Governance risk and Control System (integrated technology solution).
- Systematize: monitor and update Operational Risk Management Policy and procedures, and other Operational Risk Management materials.
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
- 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 999 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 999 standard requirements:
- Are missed Operational Risk Management opportunities costing your organization money?
- Is there an established Change Management process?
- How do you ensure that implementations of Operational Risk Management products are done in a way that ensures safety?
- What scope do you want your strategy to cover?
- How does your organization evaluate strategic Operational Risk Management success?
- Do the benefits outweigh the costs?
- How have you defined all Operational Risk Management Requirements first?
- How can you best use all of your knowledge repositories to enhancE Learning and sharing?
- Is the solution cost-effective?
- To what extent would your organization benefit from being recognized as a award recipient?
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 994 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:
- Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?
- Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?
- Project Scope Statement: Will all Operational Risk Management project issues be unconditionally tracked through the Issue Resolution process?
- Closing Process Group: Did the Operational Risk Management Project Team have enough people to execute the Operational Risk Management Project Plan?
- Source Selection Criteria: What are the guidelines regarding award without considerations?
- Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Operational Risk Management Project Plan (variances)?
- Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?
- Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?
- Procurement Audit: Was a formal review of tenders received undertaken?
- Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?
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
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.