ASSESSING THE UNDERSTANDING OF RISK MANAGEMENT; A CASE STUDY OF THE EASTERN CAPE PROVINCIAL PLANNING AND TREASURY

Abstract

This study was focused on the risk management maturity level of the Eastern Cape Provincial Planning and Treasury. There are various role players in risk management that needs to be capacitated. These role players are: Executive Authority (Member of the Executive Committee), accounting officer (Head of Eastern Cape Provincial Planning and Treasury), the Management, Risk Management Committee, Audit Committee, internal audit, Chief Risk Officer, and other personnel such as Clerks, General Assistants, Personal Assistants and so on. This study was focused on maturity level in order to bring about a plan of action on how to capacitate the role players for them to perform their risk management related functions for the benefit of the organization.