Risk Governance Framework

A Risk Governance Framework is a structured system that organizations use to identify, assess, manage, and monitor risks. It provides clear roles, responsibilities, and processes to ensure risks are handled effectively, aligning with the organization's goals and compliance requirements. Essentially, it helps organizations make informed decisions, protect resources, and maintain stability by proactively managing potential threats and uncertainties. This framework ensures accountability and transparency in risk management activities across all levels of the organization.