Abstract: A method for using a risk self-assessment tool may include soliciting risk information from a business unit about a process subject to a risk, communicating the risk information to a risk assessment system, and/or performing a risk self-assessment process by selecting one or more parameters for inclusion on one or more user interface templates. The risk assessment system may determine a risk score associated with the process based on the risk information received from the business unit, and communicate the risk score to a user for approval. After approval, the risk self-assessment tool may communicate information about an approved risk management project to a second user, the risk management project including at least one control designed to mitigate a risk identified by the risk assessment system. The method may include creating, via the user interface device, a risk self-assessment questionnaire for soliciting information about a business process subject to risk.

Abstract: A method for using a risk self-assessment tool may include soliciting risk information from a business unit about a process subject to a risk, communicating the risk information to a risk assessment system, and/or performing a risk self-assessment process by selecting one or more parameters for inclusion on one or more user interface templates. The risk assessment system may determine a risk score associated with the process based on the risk information received from the business unit, and communicate the risk score to a user for approval. After approval, the risk self-assessment tool may communicate information about an approved risk management project to a second user, the risk management project including at least one control designed to mitigate a risk identified by the risk assessment system. The method may include creating, via the user interface device, a risk self-assessment questionnaire for soliciting information about a business process subject to risk.

Abstract: Methods, computer readable media, and apparatuses for evaluating risk associated with a process are presented. Input corresponding to one or more risk elements may be received. An exposure score, an impact score, a likelihood score, and an element score may be determined for each risk element. One or more risk category scores may be determined based on the one or more element scores. One or more risk parameter scores may be determined based on the one or more risk category scores. An overall risk score may be determined based on the one or more risk parameter scores. A risk scorecard may be generated, and the risk scorecard may include a risk scorecard that visually depicts one or more of the determined scores.

Abstract: Methods, computer readable media, and apparatuses for evaluating risk associated with a process are presented. Input corresponding to one or more risk elements may be received. An exposure score, an impact score, a likelihood score, and an element score may be determined for each risk element. One or more risk category scores may be determined based on the one or more element scores. One or more risk parameter scores may be determined based on the one or more risk category scores. An overall risk score may be determined based on the one or more risk parameter scores. A risk scorecard may be generated, and the risk scorecard may include a risk scorecard that visually depicts one or more of the determined scores.