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Recommendation Details
Text of Recommendation
Develop and implement an Enterprise Risk Management program based on NIST, Chief Financial Officers Council and Performance Improvement Council Enterprise Risk Management Playbook, and OMB Circular A-123, Section II guidance. This includes establishing a cross-departmental risk executive (function) led by senior management to provide both a departmental and organization level view of risk to the top decision makers within the CPSC.
Recommendation Number
5
Recommendation Status
Open
Significant Recommendation
No
Recommendation Questioned Costs
$0
Recommendation Funds for Better Use
$0