Risk Management

Enterprise Risk Management (ERM) is a critical component of MITA’s governance and operational framework. The Agency operates under a comprehensive ERM framework that encompasses all material risk types that could impact its objectives, ensuring that risk considerations are embedded in decision-making processes at every level.

While all MITA employees play a role in identifying risks, accountability for risk ownership lies with the respective managers responsible for the assets, processes, projects, or services potentially affected. In fact, managers are expected to manage risks throughout the entire lifecycle of their initiatives and ensure that all relevant information is accurately documented in the MITA Risk Register System.

Oversight of the ERM process is led by the Agency’s Executive Office through the ERM Committee, which comprises members of MITA’s senior management. This committee convenes regularly to review the risk landscape and ensure that appropriate mitigation measures are in place to maintain risks at a Tolerable level, and in line with the Agency’s risks appetite.