Enterprise Risk Management, Treasury Board Secretariat, Policy Evaluation
Enterprise Risk Management is the latest form of risk management. It has become an essential part of best business practices. Under the Financial Administration Act of 1985, the Treasury Board Secretariat was established to serve as the management agency for the government. Within this mandate is included best management practices. This paper examines the Treasury Board Secretariat’s main risk management guidance, the Guide to Integrated Risk Management and how it assists government departments, agencies, and organizations in implementing Enterprise Risk Management based on key principles. This paper evaluates whether or not the Guide to Integrated Risk Management does a good job is outlining those principles in an effective and explicit way for public servants within the federal government.
Dr. William Anderson
Dr. John Sutcliffe
Master of Arts