ERM - Legal Liability of Documenting Risks
Funding
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Research Period
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Description
Is there legal liability in documenting risks? Some agencies and their counsel staff have expressed concern about documenting risks and with the potential for liability if a state was perceived that it did not take appropriate action to manage a known risk that later occurred
Literature Search Summary
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Objectives
Determine what ‘risk’ is associated with developing and documenting risk registers and determine whether there are any mitigating strategies that would still allow the use of risk management tools without creating undue liability for agencies.
Urgency and Potential Benefits
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Implementation Considerations
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Champion(s)
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Others Supporting Problem Statement
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Potential Panel Members
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Person Submitting Statement
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