scope:

The ERAM is applicable to all employees across all levels of TfL.

Purpose

The purpose of the Enterprise Risk Assessment Matrix (ERAM) is to provide a consolidated and consistent approach to assessing the probability and impact of risks (threats and opportunities) across TfL.

Please note that programmes and projects should follow the Pathway Risk Management Handbook. Several adapted versions of the ERAM with differing cost and schedule impact ranges have been set up in Active Risk Manager (ARM) to account for programmes and projects based on their Estimated Final Cost (EFC).