ABSTRACT
Over the last 10 years the UK government has given risk quite a high profile. One aspect of this is a number of initiatives to introduce and exploit risk management disciplines in government departments. Led by HM Treasury (HMT), the government has developed its own guide on risk management good practice, termed The Orange Book (2004), and has devised methods for measuring risk management performance. You can find this material on the HMT website, www.hm-treasury.gov.uk./documents/public_spending_and_services/risk/pss_risk_portal.cfm, which provides plenty of reading. However, while interesting, this material is not of direct relevance to this book.
