HOPEX Enterprise Risk Management : HOPEX Enterprise Risk Management : Remediating Risks
   
Remediating Risks
 
Describing Risk Remediation
Risk Remediation Mode
Specifying Actions to be Implemented
Setting Up Action Plans
Action Plan Workflows
Creating an action plan from a risk
Characterizing Action Plans
Action Plan Progress Follow-Up
Control Policy Monitoring
Managing Controls
Creating Controls
It is particularly important to identify risk causes so that the risks themselves will be remediated and not just their symptoms. Risk assessment offers elements to select the most appropriate and cost-competitive remediation strategies.
HOPEX Enterprise Risk Management is used to specify, implement and follow up action plans defined for remediating risks.
In addition, control activities comprise policies and procedures that enable assurance that risk remediation required by management has been effectively implemented.