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HVR’s Risk Maturity Models are designed to measure risk management capability and prioritise actions for improving a management process. HVR is a world leader in the field of risk maturity model development and application. There are two models:

Frequently asked questions

The Business Risk Maturity Model

Business Risk Maturity Model

The Business Risk Maturity Model is designed to measure the corporate risk management capability of a company or organisation. By incorporating the terminology and standards established by the Turnbull Guidance on internal control it can also be used to test for Turnbull compliance. Data input is based on an audit process that can be supported by HVR. The figure shows an example of the output. Priorities for improvement are identified with the lowest of the six histogram bars.

Download a Paper : Using Risk Maturity Models

Business Risk Maturity Model FAQs

The Project Risk Maturity Model

Project Risk Maturity Model

The Project Risk Maturity Model is designed to measure the risk management capability of a project or project-orientated program. The results can be used to identify priorities for improvement in the project’s risk management process. In addition, if a number of projects are assessed, a company or organisation can identify common areas of weakness in its projects for which improvement actions should be managed at a higher level. Data input to the model is based on a choice of audit processes that can be supported by HVR. The figure below shows an example of the output. Priorities for improvement are identified with the lowest of the six histogram bars.

Download a Paper : Risk Maturity Model, Assessment UK MoD DPA Major Projects

Project Risk Maturity Model FAQs

Contact : martin.hopkinson@hvr-csl.co.uk

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