Best Practice Risk Management and Audit — A Case Study in Collaboration

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Best Practice Risk Management and Audit — A Case Study in Collaboration

Wes Darou, Team Leader, Integrated Risk Management, Performance Management Division, Canadian International Development Agency (CIDA)
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Best Practice #Risk Management case study from the Canadian International Development Agency at #IFRM http://bit.ly/90a3Be

Summary

TOPIC: Best Practice Risk Management and Audit — A Case Study in Collaboration
Plenary Session 9 at Intergovernmental Forum on Risk Management 2010
WHEN: Thursday, September 16 at 11:00 a.m
WHERE: Ottawa
Priority Code: 3BL1

Featuring:
Wes Darou, Team Leader, Integrated Risk Management, Performance Management Division, Canadian International Development Agency (CIDA)

Wes Darou will describe many of the best practices that have earned CIDA recognition as a risk management innovator and leader, including:

  • an innovative and effective risk tolerance methodology at the corporate and program level

  • a risk matrix that’s simple, accurate, and appreciated by staff

  • initiative results aggregated to the corporate level, in a method similar to that used by the Afghanistan Task Force

  • the psychological motivation behind risk management

  • using a wiki to build an integrated risk management framework, increase staff buy-in, and produce a better product

  • combining integrated risk management and results-based management in the same unit to reduce complexity and increase awareness of risk as an uncertainty

  • collaboration between the Fiduciary Risk Management Unit, the Office of the Chief Audit Executive, and the Integrated Risk Management Unit

For more information on this session, or to see a copy of the full agenda, please visit our web site, or contact Joel Elliott at elliott@conferenceboard.ca. Please quote priority code 3BL1 when registering.

CBC7798

Tuesday, July 27, 2010 - 10:00am
Keywords: Canada / CIDA / Conference Board / Government / Innovation / ottawa / public sector / risk / trust

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