Risk Management: The following phrase defines/explains Tier…

Risk Management: The following phrase defines/explains Tier 1: Tier 1 addresses the risk of an organization from the view of establishing and implementing a Governance structure that are inline with the strategic goals and objectives of organizations and the requirements defined by federal laws, directives, policies, regulations, standards, and missions/business functions.  It also defines the following: Structure Establish the risk management strategy Governance