Jenny Mattingley hosts a roundtable discussion of the current state of enterprise risk management in the federal government. August 22, 2014
Mike Wetklow, an Office of Management and Budget official, said the expected changes to Circular A-123 will ask agencies to view risk management in a different way.
The people-counting agency has learned from some big mistakes. Now, Chief Operating Officer Nancy Potok shares some lessons with Federal News Radio.
Montrice Yakimov, the chief risk officer for the Bureau of the Fiscal Service in the Treasury Department, said her office looks at many different types of risk to help agency leaders make smart decisions.
The Federal Retirement Thrift Investment Board, which administers the Thrift Savings Plan, is looking at best practices in the private sector to help strengthen the board’s own cybersecurity and network penetration testing procedures.
Is the path to ERM success a defined roadmap?
The Office of Management and Budget is close to finalizing Circular A-123, which will require an enterprise approach to risk management.
Dave Mader, the controller in the Office of Management and Budget, wants to use the updated Circular A-123 to change the view of internal controls in agencies.
David Mader, OMB’s controller, said the new policy guidance gives agencies until next spring to demonstrate how they are implementing enterprise risk management.
As the Office of Management and Budget establishes governmentwide risk management guidelines, the Transportation Security Administration has lessons learned, challenges and metrics from their two-year-old program to share with other agencies to help ease implementation.