RISK MATURITY MODEL

The Risk Maturity Model (RMM) is a best-practice framework for enterprise risk management. Developed as an umbrella framework of the international, cross-industry standards, a RMM risk management assessment allows organizations to measure how well their risk management efforts align with these best practices. As a result, organizations are provided a maturity score and actionable guidelines to improve their programs and gain the many benefits associated with maturity... The Risk Maturity Model objectively measures the effectiveness of risk management program initiatives over time, provides a common language for risk management practitioners to share information internally, and enables an organization to benchmark their progress versus their peers in their industry and geography. The Risk Maturity Model is incorporated within the Associate in Risk Management-ERM (ARM-E) professional designation course material by The Institutes, the premier designation for all risk management..