By Nevill J Fox
The Capability Maturity Model for Risk Management describes the principles and practices underlying management process maturity and is intended to assist organisations in management of risk through maturing the decision support processes.
A surprisingly large number of companies have yet to implement Risk Management (RM) within their organisations. Of those organisations that have started implementing RM, the level of implementation is low or uncertain. The Capability Maturity Model is a suitable device for basing an assessment of implementation on.
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-- GregorioIvanoff - 26 Jan 2004
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