Abstract
In this paper, the concept of an enterprise risk management office (ERMO) is examined. The ERMO concept is investigated relative to another recent enterprise-wide entity that has evolved in many corporations and public institutions: the project management office (PMO). The PMO is analyzed for any guidance it can provide regarding the implementation and benefits of a potential enterprise-wide and holistic approach to risk management. Guidelines and best practices for an ERMO are suggested.
Volume
M–AS06–1
Page
1-14
Year
2006
Categories
Actuarial Applications and Methodologies
Enterprise Risk Management
Publications
Enterprise Risk Management Symposium Monograph
