The PRIMO Risk Management Award has been launched in 2009 to recognise the efforts and standards being achieved across our cities and regions towards creating and implementing risk management mechanisms for safer and efficient environments.
The award is for innovative approaches to risk management which show real benefits in terms of improved processes, cost reduction and embedding risk management within an organisation. The Award will be made irrespective of the size of the organisation, level of financial investment or amount of resources devoted to the project or initiative.
With this award PRIMO would like to encourage CEO’s in the public domain to enter this award to support our association to promote and highlight risk management across Europe, and to showcase the amount of work and effort going into this field on a daily basis.
The prizes is related to one of the four areas:
- Human Capital Risks
An initiative which improves the management of risks associated with people and the organisation – employees, contractors or any other group of people with which the organisation comes into contact
- Financial Risks
An initiative which improves the management of risks associated with the assets or reduces associated costs within the organisation, with the exception of people risks.
- Strategic Risks
An initiative which improves the management of risks and processes towards making decisions and achieving the strategic objectives of the organisation.
- Operational Risks
An initiative which improves the management of risks associated with the day to day operation of the organisation, or which significantly improves processes or systems of work for the organisation’s staff.
PRIMO Risk Management Award
City of Saint Etienne, France, 2008, strategic risk.
City of Darlington, United Kingdom, 2009, strategic risk.
City of Getafe, Spain, 2010, strategic risk, in cooperation with UDITE.
City of Utrecht, 2015, operational risk.