Risk Profiles are Making Their Impact within Federal Agencies

WASHINGTON, DC (April 4, 2018) — Nine in 10 members (90%) recently responding to a survey by the Association for Federal Enterprise Risk Management (AFERM) indicate the development of a Risk Profile substantively increases awareness for and discussion of risks within their agencies. The Office of Management and Budget (OMB), Circular A-123, “Management’s Responsibility for Enterprise (more…)

AFERM & RIMS Forge Relationship to Develop RIMS-CRMP-FED Micro-Credential

RIMS to Add Federal Government Risk Management Micro-Credential for the RIMS-CRMP Certification NEW YORK (February 26, 2018) — RIMS, the risk management society™, and the Association for Federal Enterprise Risk Management (AFERM) entered into an agreement to create a micro-credential for the RIMS-Certified Risk Management Professional (RIMS-CRMP) certification. The RIMS-CRMP-FED is being developed in response (more…)

Summary of June 2017 ERM Workshop: Beyond Compliance, Driving Organizational Value

In June, AFERM partnered with AGA to present the 2017 ERM Workshop: Beyond Compliance, Driving Organizational Value. More than 150 federal professionals participated in this forum, to share progress and best practices related to using ERM to drive organizational value. This summary report shares the information discussed during this workshop.

COSO Issues Important Update to ERM Framework

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released its highly anticipated ERM Framework: Enterprise Risk Management–Integrating with Strategy and Performance. This new document builds on its predecessor, Enterprise Risk Management–Integrated Framework, one of the most widely recognized and applied risk management frameworks in the world. The updated edition is designed to help (more…)