Anticipated percentage change in total annual cost for the process group "manage enterprise risk" next year
This measure calculates the anticipated percentage change in total annual costs for the process group "manage enterprise risk" next year. The process group "manage enterprise risk" involves creating requisite frameworks and coordinating all risk management activities for the entire organization and each function. Manage the enterprise risk by outlining the risk policies and procedures. Monitor and communicate all risk management activities. Encourage correspondence among the business units. Manage the risk of all business units and functions. Annual costs include any costs associated with all types of risks including strategic, reputational, compliance, operational, IT, and financial This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the process group "Manage enterprise risk".
Benchmark Data
25th | Median | 75th |
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Units for this measure are percent.
Anticipated change in total annual cost for the process group "manage enterprise risk" next year