Risk Management Survey

This survey focuses on gathering information from organizations that currently utlize formal risk management processes in order to identify risk management best practices.

1a. Does your company have a formal Risk Management process?
Full Name:
Title:
Email address:
Phone number:
Company name:
1. RISK MANAGEMENT ORGANIZATION
	Yes No
1b. Please indicate which if any of the following titles are used in your organization for the person in charge of Risk Management:
	Head of Operational Risk Chief Risk Officer Head of Risk Management We do not have a person in charge of Risk Management We have a formal risk management process, but none of these titles are used. The individual in charge of risk management has the title:
1c. Where risk management is concerned which of the following most accurately describes your organization?:
	There is a single officedepartment dedicated totally to the management of risk within the organization There are several individuals responsisble for risk management; however, they are not centralized within one department When issues concerning risk are addressed, they are dealt with by the individual project, department, or office in which the risk concern originated We deal with risk differently than listed above. Please explain briefly:
1d. How many people in your organzation have positions within the risk management department and/or have positions dedicated to the management of risk?
2. RISK MANAGEMENT METHODS AND TOOLS
2a. In the space provided, please briefly explain how your organization defines risk relative to your organization's operations (e.g. evaluation of initiatives/projects prior to approval, product research and development, corporate investments, etc.):

2b. Which methods and techniques do you currently use to analyze the risk within your organization? Please check all that apply.
	Scenario Analysis
	Monte Carlo Simulation
	Qualitative Risk Analysis
	Other - Please describe:
	We do not evaluate risk
2c. If applicable, please list any tools (software or otherwise) you use now or have used in the past to help with risk management that have proved particularly helpful and also those that have not proven helpful
Helpful tools:
Unhelpful tools:
2d. Which, if any of the following financial metrics do you use to measure the fiancial impact of risk? Please check all that apply.
	Net Present Value (NPV)
	Internal Rate of Return (IRR)
	Modified Internal Rate of Return (MIRR)
	Simple ROI
	Economic Value Added (EVA)
	Earnings Before Income Tax (EBIT)
	Accounting Rate of Return (AROR)
	Payback
	Discounted Payback
	Profitability Index
	Other - Please describe:
	Do not use financial metrics for risk management
3. Which of the following areas of risk are applicable to your organization? Please indicate all that are relavent to your industry, even if they are not issues currently being addressed by your risk management team.
	Health/safety of employees on the job
	Health/safety regulation compliance
	Warranty of products and services
	Disaster Recovery
	Financial Risks (i.e. on corporate investments)
	Industry regulation/standard compliance
	Competitive Threats
	Environmental Impacts (e.g. use of chemicals or other regulated substances/processes that may impact the environment)
	Other - Please describe:
4. Of those risk areas selected above that apply to your organization; please indicate those which are currently actively managed by your organization.
	Health/safety of employees on the job
	Health/safety regulation compliance
	Warranty of products and services
	Disaster Recovery
	Financial Risks (i.e. on corporate investments)
	Industry regulation/standard compliance
	Competitive Threats
	Environmental Impacts (e.g. use of chemicals or other regulated substances/processes that may impact the environment)
	Other - Please describe:
5. Of those selected in 3 above that apply to your organization but are not actively managed, indicate which, if any, should be addressed by your organization's risk management team.
	Health/safety of employees on the job
	Health/safety regulation compliance
	Warranty of products and services
	Disaster Recovery
	Financial Risks (i.e. on corporate investments)
	Industry regulation/standard compliance
	Competitive Threats
	Environmental Impacts (e.g. use of chemicals or other regulated substances/processes that may impact the environment)
	Other - Please describe:
6. In the space provided, please describe if your risk managment processes and/or information technology purchase decisions have been effected by the Sarbane-Oxley Act of 2002.

6. In the space provided, please describe your organization's biggest risk management challenges.

7. In the space provided, please describe your organization's risk management practices that you consider to be best-in-class.

Thank you for completing this survey.

The Cistek Group
info@cistekgroup.com
3105 Adena Point Ct.
Columbus, OH 43221
614-771-0378

Risk Management Survey

1. RISK MANAGEMENT ORGANIZATION

2. RISK MANAGEMENT METHODS AND TOOLS

Thank you for completing this survey.