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Applying Integrated Risk Management Scenarios for Improving Enterprise Governance

Abstract: The term of "scenario" is used for systematically considering integrated risk management aspects of enterprise governance practices implemented at operational and organizational levels. These considerations are focusing on the customized design and continuous improvement of governance objectives, processes and practices enabling the better achievement of the concerning enterprise goals. Professionals by acquiring and evidencing their Governance SPICE Assessor skills are able to provide unique consulting and assurance services for enterprises in optimizing the effects of uncertainties on governance objectives by assessing and evaluating capability of enterprise governance processes.

Keywords: Enterprise Governance, ISO/IEC 15504 (SPICE), ISO 31000 Risk Management, Enterprise Risk Management (ERM), Governance Capability Assessment