R isk Management: Principles, Methodologies and Techniques John Fitzsimon Director, CGIAR Internal Audit Unit Peter Getugi ILRI Internal Audit Manager NAIROBI FEBRUARY 5, 2009

Session Outline Day I. - 5 Feb 2009 (8.30 am to 1pm) · Recap on principles of risk management. · Risk management methodologies and techniques Day II. – 6 Feb 2009 (8.30 am to 1pm) · Institute risks identification, update and assessment. · Group feed back sessions. · ILRI Risk management -Going Forward

Risk Management: Not such a new subject.....

A Center’s achievement of its vision and mission is influenced by: RESEARCH STRATEGY AND PROJECT PORTFOLIO PEOPLE PHYSICAL INFRASTRUCTURE TECHNOLOGY INTELLECTUAL AND GERMPLASM ASSETS FINANCE INTERNAL PROCESSES EXTERNAL ENVIRONMENT

These factors present the Center with both opportunities and risks: OPERATIONAL EFFECTIVENESS FINANCIAL INTEGRITY AND COMPLIANCE LEGAL COMPLIANCE EFFICIENCY SAFETY AND SECURITY

What is your risk appetite?

Case Study: Enterprise Risks WHAT COULD BRING THE BUSINESS TO A GRINDING HALT: IN DAYS? IN WEEKS? IN MONTHS? IN 5 YEARS? CAN WE PREVENT IT? HOW PREPARED ARE WE TO RECOVER?

Top Risks for ILRI – Identified in current risk register

Other risks to consider?

Case Study: Project and Joint Venture Risks CENTER PARTNERS DONORS

Thank you!