Nyandarua County Risk Management Policy Framework 2020

Abstract

The County Government of Nyandarua Enterprise Risk Management Policy Statement 2020 recognizes the contribution of risk management practice to sound Governance Practice and increase in community confidence in government performance. The overall framework affirms that consistent and systematic application of risk management is central to maximizing community outcomes, deriving the benefit of opportunities, managing uncertainty and minimizing the impact of adverse events. Consistent with this policy the County Government is committed to protecting itself, staff and the general Nyandarua population from situations or events that would prevent it from achieving its strategic goals and objectives. Risk management is an integral part of good governance practice and effective stewardship of assets to achieve the desired impact of devolution. A systematic approach to managing risks and opportunities is more effective and efficient than allowing informal, intuitive processes to operate. Identifying risks at an early stage and developing mitigative measures to combat the risk is the only sure way of keeping development on track and safeguarding public resources