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NR/L2/RSK/001 ISSUE 1

Enterprise Risk Management

inactive
Organization: NR
Publication Date: 5 March 2016
Status: inactive
Page Count: 21
scope:

This standard applies to all parts of the business that own and / or manage Level 0 to Level 2 enterprise risks as shown in Figure 1.

The risk management principles detailed in this standard may also be applied to risks at L3, L4 and L5.

NOTE: In these areas further standards or specialist risk management tools and techniques might be more suitable to the management of specific business risks.

Purpose

This standard sets out a principle based approach for the management of Enterprise Risks in Network Rail to enable:

a) the effective and consistent management of all risks to strategic objectives;

b) risks to be managed in accordance with the Risk Management Policy and Board approved corporate risk appetite statements;

c) the identification, prioritisation and management of interrelated risks to support successful delivery of the Company's strategic objectives; and

d) strategic objectives to be managed in accordance with the UK Corporate Governance Code and governance requirements under licence condition 15 of the Network Licence.

Document History

September 7, 2019
Enterprise Risk Management
This process applies to all parts of the business that own and / or manage Level 0 to Level 2 enterprise risks as shown in Figure 1. Purpose This process sets out a principle-based approach for the...
September 1, 2018
Enterprise Risk Management
This standard applies to all parts of the business that own and / or manage Level 0 to Level 2 enterprise risks as shown in Figure 1. Purpose This standard sets out a principle based approach for...
NR/L2/RSK/001 ISSUE 1
March 5, 2016
Enterprise Risk Management
This standard applies to all parts of the business that own and / or manage Level 0 to Level 2 enterprise risks as shown in Figure 1. The risk management principles detailed in this standard may...

References

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