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Risk Management Glossary
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This glossary defines risk management terminology used in enterprise risk programs, risk assessments, controls design, monitoring, governance, and mitigation planning.
- Risk identification and categorization
- Assessment methods and scoring
- Controls, mitigations, and assurance
- KRIs, monitoring, and reporting
- Governance, appetite, and third-party risk
For risk managers, auditors, compliance teams, executives, and business owners who need consistent definitions for risk governance and assessment work.
- Search for terms used in risk registers and control frameworks.
- Use definitions to standardize scoring and reporting practices.
- Reference terms when planning mitigations and reviews.
Definitions are informational; frameworks and terminology vary by industry, regulator, and organization.