In Progress
Develop and implement an enhanced risk management program
City of Maple Ridge Corporate Plan

Description

Managing risks to delivery for the Corporation of Maple Ridge is a focus of this key result. The work involves establishing a new approach to risk management and rolling this program out to identify, mitigate, eliminate or manage all types of risk - financial, operational,. legal, reputational, and environmental.

KR End Date

9/30/26

Complete?

No

Completed Date

N/A

KR Public Update

Management of enterprise level risks for the Corporation of Maple Ridge is a vital part of good governance of municipal operations.  Many cities put in place risk management frameworks to formalize and address internal or external risks.  The goal if this key result is to ensure that the Corporation of Maple Ridge has a robust process and practices in place to identify, eliminate or mitigate and track risks to the delivery of the organization's mandate.  The City has initiated the first phase of its Enterprise Risk Management program. An implementation process has been developed, and the project team is currently assessing the City’s current state to inform next steps. Staff training will be delivered to support the program’s development and build a shared understanding of ERM principles across departments. Phase 1 remains on track for completion in September 2026

Initiatives

In Progress
Develop and implement a corporate risk management framework
City of Maple Ridge Corporate Plan
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9/2/24 - 9/30/26