1. Presented by: Denyse Morin The World Bank Group Comprehensive Risk Assessment A Framework 1 Presented to: GAC Health Workshop Nairobi, Kenya March, 2011

2. 2 Risk-Based Approach

3. Risk Assessment-- Principles Systematic and holistic approach Collaborative effort Dynamic risk “scanning” and reporting Clarified governance and accountability structure Ability to assess portfolio risks 3

4. Operational Risk Assessment Framework (ORAF) PROJECT STAKEHOLDER RISKS 1.1 Stakeholder Risk OPERATING ENVIRONMENT RISKS 2.2 Institutional Risk (sector / multi-sector level) 2.1 Country Risk 2 IMPLEMENTING AGENCIES RISKS (including fiduciary risks) PROJECT RISKS 3.2 Governance Risk 3.1 Capacity Risk 4.3 Program & Donor Risk 3.3 Fraud & Corruption Risk 4.5 Other Risks (Top 2) 4.2 Social & Environmental Risk 4.1 Design Risk 4.4 Delivery Quality Risk 3 1 4 PROJECT DEVELOPMENT OBJECTIVE(S) (Key Results) Risks to ProjectDevelopment Objective(s)

5. GAC and Risk Management Linkages 5 GAC Assessme nt Tool Knowledge Generation Governance Risk Fraud & Corruption Risk Country Level Sector Level Implementing Agency Level Risk Assessment Mitigation Actions Functional Risk Areas

6. How GAC Tools Can Support Risk Management 6 Ongoing efforts underway to develop assessment tools that are timely and cost- effective Intensive effort needed to support teams and use of these tools Value Chain Analysis GAC-in-Projects “How To” note Political Economy Analysis GAC-in-Projects “How To” note Problem driven governance analysis Standard Fiduciary Analytics Financial management; and procurement Assessment Tools

7. How GAC Tools Can Support Risk Management 7 Demand Side Complaints Handling Community Monitoring/Oversight Citizen’s Charters User surveys Supply Side Audit (technical, fiduciary, etc.) E-procurement Third party inspections Mitigation Tools

8. 8 Thank You!