Implementation of the AASHTO Guide for Enterprise Risk Management
The
AASHTO Guide for Enterprise Risk Management, published in 2016, defines enterprise risk
management as “the formal and systematic effort to control uncertainty and variability on an
organization’s strategic objectives by managing risks at all levels of the organization.”
The TRB National Cooperative Highway Research Program's
NCHRP Research Report 986: Implementation of the AASHTO Guide for Enterprise Risk Management
documents how several state departments of transportation are adopting risk management principles and practices.
Supplemental to the report are a
presentation, a
risk assessment tool, a Washington State Department of Transportation
budget template, and a
video of a webinar by the project team.
This Summary Last Modified On: 12/28/2023