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It explains risk and ERM fundamentals, the rationale for leadership support, stakeholder roles, and how to define strategic objectives. The guide then details a structured risk identification process, including workshops, developing and right-sizing a risk register, and bridging from identification to risk assessment. 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Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States Government or any agency thereof.  \nThe American Public Power Association is the voice of not-for-profit, community-owned utilities that power 2,000 towns and cities nationwide. We represent public power before the federal government to protect the interests of the more than 54 million customers that public power utilities serve across the United States and its territories. We advocate and advise on electricity policy, resilience, cybersecurity, grid operations, technology, trends, and training.  \nTable of Contents  \nIntroduction ..................................................................................................................... 4  \nBackground ................................................................................................................. 4  \nVolume I: Risk Identification ............................................................................................ 4  \nObjectives .................................................................................................................... 4  \nImportance and Benefits of ERM ................................................................................. 5  \nERM Overview ............................................................................................................. 5  \nERM Foundational Concepts ................................................................................... 6  \nAdvocating for an ERM Program ................................................................................. 7  \nKey Steps to Securing Leadership Buy-In................................................................ 7  \nLocal Resources to Jumpstart ERM Program .......................................................... 7  \nERM Stakeholder Roles and Responsibilities .......................................................... 8  \nCrafting Strategic Objectives for the ERM Program ................................................. 9  \nThe Process for Identifying Risks ................................................................................ 9  \nApproach to the Risk Identification Process ........................................................... 10  \nConducting Risk Identification Workshops ............................................................. 11  \nDeveloping a Risk Register ....................................................................................... 12  \nRisk Register Development in Excel Spreadsheet ................................................. 13  \nBest Practices for Right-Sizing the Risk Register................................................... 13  \nFrom Risk Identification to Risk Assessment ............................................................. 14  \nAppendix A: ERM Stakeholder Roles and Responsibilities Template ........................... 15  \nAppendix B: Examples of Real-World Vision and Mission Statements ......................... 16  \nAppendix C: ERM Program Strategic Objectives Template .......................................... 17  \nAppendix D: Sample Risks to","cbCaivkWEOu56gwI","https://ap.wps.com/l/cbCaivkWEOu56gwI","pdf",865922,9,20,"English","# Introduction\n## Background\n# Volume I: Risk Identification\n## Objectives\n## Importance and Benefits of ERM\n## ERM Overview\n## ERM Foundational Concepts\n## Advocating for an ERM Program\n## Key Steps to Securing Leadership Buy-In\n## Local Resources to Jumpstart ERM Program\n## ERM Stakeholder Roles and Responsibilities\n## Crafting Strategic Objectives for the ERM Program\n## The Process for Identifying Risks\n## Approach to the Risk Identification Process\n## Conducting Risk Identification Workshops\n## Developing a Risk Register\n## Risk Register Development in Excel Spreadsheet\n## Best Practices for Right-Sizing the Risk Register\n## From Risk Identification to Risk Assessment\n# Appendix\n## Appendix A: ERM Stakeholder Roles and Responsibilities Template\n## Appendix B: Examples of Real-World Vision and Mission Statements\n## Appendix C: ERM Program Strategic Objectives Template\n## Appendix D: Sample Risks to Public Power Utilities\n## Appendix E: Sample Risk Identification Workshop Agenda\n## Appendix F: Risk Identification Form Template\n## Attachment 1: ERM Proposal PowerPoint Template\n## Attachment 2: Risk Identification Workshop Guide\n## Attachment 3: Risk Identification Workshop PowerPoint Template\n## Attachment 4: Risk Register Excel Template","[{\"question\":\"What is the purpose of Volume I in the Risk Management Toolkit for Public Power?\",\"answer\":\"Volume I provides foundational guidance for public power utilities to establish an enterprise risk management (ERM) program, tailored especially for small utilities.\"},{\"question\":\"What steps are included in the risk identification process?\",\"answer\":\"The toolkit covers the approach to risk identification, conducting risk identification workshops, and developing a risk register, including how to transition from risk identification to risk assessment.\"},{\"question\":\"What materials are provided to support implementation?\",\"answer\":\"The appendices and attachments include templates for stakeholder roles, strategic objectives, workshop agendas, risk identification forms, and sample risks, along with supporting workshop and Excel materials.\"}]","Risk-Management-Toolkit-for-Public-Power - Volume I - Risk Identification - Guide | PDF",1789185323,7]