Wiley, 2014. — 308 p. — ISBN: 1118658140, 9781118658147
Discover analytical tools and practices to help improve the quality of risk management in government organizations
Federal agencies increasingly recognize the importance of active risk management to help ensure that they can carry out their missions. High impact events, once thought to occur only rarely, now occur with surprising frequency. Managing Risk in Government Agencies and Programs provides insight into the increasingly critical role of effective risk management, while offering analytical tools and promising practices that can help improve the quality of risk management in government organizations.
Includes chapters that contribute to the knowledge of government executives and managers who want to establish or implement risk management, and especially Enterprise Risk Management (ERM), in their agencies
Features chapters written by federal risk managers, public administration practitioners, and scholars
Showing government officials how to improve their organization's risk management capabilities, Managing Risk in Government Agencies and Programs meets a growing demand from federal departments and agencies that find themselves increasingly embarrassed by risky events that raise questions about their ability to carry out their missions.
Introduction and OverviewManaging Risk of Federal Agencies and their Programs Through Enterprise Risk Management (ERM)
The Need for Effective Risk Management
Introduction to Risk Management for Government Managers
Risk Management and Challenges of Managing in the Public Sector
Creating and Keeping Your Options Open – It’s Fundamental
Moving Towards ERMIntroduction to Enterprise Risk Management (ERM) for Government Managers
Implementation of Enterprise Risk Management at the Office of Federal Student Aid of the U.S. Department of Education
Integrating ERM into Strategic Planning and Resource Management
Building ERM (Enterprise Risk Management) into Agency Processes and Culture
Special Topics in Risk Management and ResponseRisk Management and the Dynamics of Downsizing
Managing Reputational Risk
Risk Management and Decision Making Lessons from the Financial Crisis for Federal Managers
Effective Enterprise Risk Management: Mapping the Path Forward
For Further Information
For Further Reading
About the Contributors