Risk Scorecard

A management tool that tracks and reports on an organization's key risks and their status. It includes information on risk owners, appetite alignment status, risk assessment results, key risk indicators, and risk scores. The Risk Scorecard helps senior management answer questions about whether risks are being effectively managed, whether risk exposures are within tolerance levels, whether risk management trends are moving in the right direction, and what risk exceptions require investigation. It complements the Performance and Control Scorecards to provide a comprehensive view of risk-based performance management.