Risk Function Ontology

Risk Function Ontology

The Risk Function Ontology

The Risk Function Ontology is a framework that aims to represent and categorize knowledge about risk management functions. Codenamed RFO, it codifies the relationship (roles and responsibilities) between the various persons involved in a risk management organization.

The ontology allows the definition of risk management roles in more precise terms, which in turn can be used in a variety of contexts: towards better structured actual job descriptions, more accurate description of internal processes and easier inspection of alignement and consistency with risk taxonomies

RFO Visualization