ERM – Legal Liability of Documenting Risks 

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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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