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Risk Management Assessment Framework
The IACCM Business Risk Management Maturity Model (BRM3)
The IACCM Risk Management working group has attempted to address the question of how an organisation could evaluate, in a quantifiable fashion, its level of maturity in the area of business risk management.
This document is aimed at providing answers to questions like:
- How can I assess whether my organisation’s approach to risk management is adequate?
- How can I compare my organisation’s approach with best practice or against our
- competitors?
- Is there an accepted benchmark for organisational risk management?
Published January 2003
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