From Reactive to Proactive: MID-P’s Journey to Centralized Risk Management
On 27th September 2024, MID-P took a significant step toward improving governance, accountability, and operational efficiency by adopting a Risk Register, a comprehensive risk management tool designed to create a central repository of potential risks that could affect the organization and its operations. This move marked the first time MID-P had a formal, structured approach to risk management. This significant milestone was made possible through the Sustainable Model Program (SMP) project funded by DANIDA through the Danish Refugee Council (DRC). Before the adoption of the Risk Register, the organization lacked a formal guiding document or system to identify, assess, or manage organizational risks. Information about risks was scattered across departments or known only to specific individuals, making it difficult to understand the full scope of MID-P’s exposure. This lack of centralized risk management limited the ability to plan proactively and respond effectively to emerging challenges. The introduction of the Risk Register provided a unified, transparent platform for recording, monitoring, and addressing risks. Without formal training, the concept was presented to all staff, ensuring everyone understood its purpose and relevance. The Risk Register is now used in various organizational processes, including proposal development for planning purposes. It also enables ongoing evaluation of whether existing controls are effective or require adjustments. "The…

