In a changing world, making decisions based on up-to-date and accurate information is a prerequisite for success. Risk management is the solution for identifying opportunities and threats related to the achievement of objectives and operations. The areas of risk management must be aligned with the organisation’s operating environment and practices. Different practical methods may be needed in different agencies. Agencies and institutions are responsible for integrating their own risk management into the agency’s operations, decision-making, management and supervisory work.