Address the following questions: What other strategic processes are closely tied to ERM?What three kinds of risks are identified within the City of Edmonton?What two criteria must be balanced in a suc

Address the following questions:

1. What other strategic processes are closely tied to ERM?
2. What three kinds of risks are identified within the City of Edmonton?
3. What two criteria must be balanced in a successful ERM model?
4. Who is responsible for dealing with and mitigating risks?
5. To what body must the City’s strategic risks be reported?

Homework Requirements

The homework assignments are not opinion compositions, or a book, chapter, or article review. These assignments are positional arguments that are entirely supported by empirical evidence and well-known industry facts. You can include your personal experiences and ideas if it directly relates to the topic, or reinforces your position. However, you must support all statements with evidence. also with out plagiarism policies.

Following requirements:

1. Be a scholarly submission
2. Should not consist of any bullet-points
3. You CANNOT use Wikipedia, LinkedIn articles, blogs, paid vendors, certification websites, or similar sources in academic writing. You CAN use reputable industry articles from publications similar to ComputerWeekly, PCMag, Wall Street Journal, New York Times, or similar sources. Academic journals and popular industry articles are accessible in the university’s library databases and Google Scholar. All references should not have a publication date older than 2005.
4. Contains contractual phrases, as an example “shouldn't" "couldn't" or "didn't,” or similar
5. Uses vague words such as "proper," "appropriate," "adequate," or similar to describe a process, function, or a procedure.
6. As an example, "proper incident response plan," "appropriate IT professional," "adequate security," or similar. These words are subjective because they have a different meaning to different individuals.