Enterprise Risk Management (ERM) is crucial to MITA.
The Agency is governed by an ERM framework that covers all types of material risks that might impact the Agency and elevates risk management to an appropriate degree in all its decision making.
While all MITA employees are responsible for identifying risks, risk ownership is in the hands of the MITA managers responsible for the assets, projects or services that may be impacted. The manager is responsible for risk throughout a project lifecycle as well as for ensuring that all relevant details are recorded in the MITA Risk Register System.
The governance of the ERM process is carried out directly by the Agency’s Executive Chairman office, through an ERM Committee, composed of MITA senior management, which meets regularly to help ensure that all risks are duly mitigated.