The RIMS Risk Maturity Model

What is the RIMS RMM?

The RIMS Risk Maturity Model (RMM) is a best-practice framework for enterprise risk management. Developed as an umbrella framework of the international, cross-industry standards, the RIMS RMM allows organizations to measure how well their risk management efforts align with these best practices. As a result, organizations are provided a maturity score and an actionable set of guidelines to improve their programs and gain the many benefits associated with maturity.

 

 


About The RIMS RMM
The RIMS Risk Maturity Model is a best-practice framework for enterprise risk management (ERM) and a free online assessment tool for risk professionals to rank their programs against the best practice standards. Click here to take the assessment!


Benchmarking
The RIMS RMM assessment takes proven best practices and breaks them into 7 attributes, 25 competency drivers and 68 key readiness indicators which ERM programs are benchmarked against, identifying strong and weak areas of each program. Learn more about each RMM component here!


Resources
RIMS and LogicManager are leading providers of enterprise risk management knowledge. With dozens of complimentary ERM resources including ebooks, on-demand webinars and ERM best practice articles, click here to visit the ERM Knowledge Center.


Benefits
Independent research studies on the RIMS Risk Maturity Model have proven that organizations with a higher risk maturity score have stronger financial performance, credit ratings and more effective strategic planning. Read more about the Queens University RMM study here!


2018 Risk Maturity Model Recognition Recipients

 

Learn more about the Risk Maturity Model Recognition Program and how your organization can qualify!

 

The RMM serves as a useful reminder of the various attributes of ERM maturity, and it is a resource in setting ERM program goals.

– Carrie Frandsen, Manager, Enterprise Risk Services, at University of California, 2017 RMM Recognition Recipient

 

 

 

 RMM is really helpful in generating impetus around ERM which to the average person in the company is hard to make very tangible. It is a good news story to generate a positive message around.

– Alex Hindson, Chief Risk Officer at Argo Group, 2015 , 2016, and 2017 RMM Recognition Recipient 

 

What are People Saying About the RIMS RMM?

Great survey tool, will be very helpful as we begin to define, benchmark and improve our Risk Management department.
The survey was easy to take and was very helpful in providing a qualitative measure of progress.
This is a very helpful exercise that just by ‘asking the right questions’ leads the participant to important insights.

Whether your organization has an existing program or is just beginning to implement enterprise risk management (ERM), take the RIMS RMM’s risk maturity assessment and see where improvement is needed!