Activity
A.14 Risk monitoring and reporting
IT Monitor and Review
Description
Description
This process makes sure that the specified management action plans remain relevant and updated. In today’s continuously changing business environment, factors affecting the likelihood and consequences of a risk are very likely to change also.
To make Risk Management become a part of the organization’s culture and philosophy, the organization must collect and document experience and knowledge through a consistent monitoring and review of events, treatment plans, results and all relevant records.
Organisation
Responsible
Accountable
Input/Output