
Purpose and Introduction
This document sets out a simplified risk management maturity scale. It is intended to allow the risk professionals to undertake a relatively high-level maturity assessment of the organisation’s risk management capabilities.
Scope & Application
This document is intended to be high level and provides the assessment scale and attributes for the key components of Risk Management Governance and Framework. While applicable to all organisations, it may not include sufficient detail for regulated organisations such as superannuation funds, banks, insurers.