Ce rapport est disponible en anglais seulement conformément aux exigences de la Politique sur les services en français de la Ville du Grand Sudbury.
ResolutionFor Information Only
Relationship to the Strategic Plan / Health Impact Assessment
This report relates to the priority of "Responsive, Fiscally Prudent, Open Governance" as outlined in 2015-2018 Corporate Strategic Plan.
Report SummaryIssue: Risks faced by the City of Greater Sudbury may not be managed systematically.
Rule: Risks should be formalized and in accordance with a defined policy and process.
Analysis: An audit of risk management processes identified different approaches to manage risks within the City.
Conclusion: A formal risk management policy be developed in conjunction with an Enterprise Risk Management(ERM) process.
The recommendations in this report have financial implications.