National Risk Management A Practical ERM Approach for Federal Governments

April 18, 2018

This paper presents a value-based approach to ERM and discusses how federal governments can use it to support risk-reward decision making at the highest levels of government and increase the chances of achieving critical national goals. Value-based ERM provides a key link between risk and reward using a robust yet practical approach that is easier to implement and maintain than current ERM methods widely in use. The paper provides guidance step-by-step procedures, implementation tips and red-flag cautions to federal governments on how to adopt this approach.

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South Australian Department of Treasury and Finance

The South Australian Department of Treasury and Finance (DTF) is the lead state government agency for economic, social and financial policy outcomes. We conduct research, analyse information, give advice and contribute to government policy and decision making.

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South Australian Department of Treasury and Finance

The South Australian Department of Treasury and Finance (DTF) is the lead state government agency for economic, social and financial policy outcomes. We conduct research, analyse information, give advice and contribute to government policy and decision making.

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