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ERM Program Maturity Assessment

Enterprise risk management programs evolve over time, but it’s not always clear where yours stands or where to focus next.

This short assessment can help you evaluate your ERM program across two critical dimensions: organizational appetite and organizational capacity. In just a few minutes, you’ll receive a clear view of your current ERM maturity, along with practical insights into your biggest opportunities to strengthen risk oversight, decision-making, and resilience.

ERM Program Maturity Assessment

Answer the questions below about your enterprise risk management program. All questions are required. When you submit, you will see your Organizational Appetite, Organizational Capacity, and your ERM maturity segment.

Q1. Do risk management policies reinforce the risk culture and support a common understanding of how the organization manages risk?

Choose one option.

Q2. Do you have a risk register (list) established that reflects a cross-functional perspective on risk?

Choose one option.

Q3. Do you manage risk centralized, decentralized, or ad hoc?

Choose the option that best describes your organization.

Q4. Does your organization have clear ownership and accountability for risks?

Choose one option.

Q5. Are identified risks connected to organizational strategic objectives?

Choose one option.

Q6. Does the board visibly support the ERM program?

Choose one option.

Q7. Are the highest impact risk areas driving management decisions?

Choose one option.

Q8. How often are ERM results shared with leadership or the board?

Choose one option.

Q9. Are you identifying emerging risks in a timely manner?

Choose one option.

Q10. How are you managing risks today?

Choose one option.

Q11. Do you have a cadence for risk assessments?

Choose one option.

Q12. Which choice best reflects your organization’s scoring methodology

Choose one option.

Q13. Do you have dedicated ERM personnel?

Choose one option.

Q14. Is there an established and approved budget for implementing and ERM solution?

Choose one option.

Q15. Which departments besides risk management are involved with ERM? (check all that apply)

Enter the number of departments (besides risk management) that are actively involved in ERM.

Q16. Does your team have time and resources to mitigate inherent risk?

Choose one option.

Q17. Do you currently invest in 3rd party resources (consulting, subscriptions, paid training) to assist with risk management?

Choose one option.

Your ERM Maturity Results

Based on your responses, here is how your ERM program scores today.

Organizational Appetite
Organizational Capacity
Overall Maturity Segment

Description

Key Opportunity

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