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SayPro Review flagged risks from SayPro’s audit and evaluation team
SayPro is a Global Solutions Provider working with Individuals, Governments, Corporate Businesses, Municipalities, International Institutions. SayPro works across various Industries, Sectors providing wide range of solutions.
Email: info@saypro.online Call/WhatsApp: + 27 84 313 7407
To review flagged risks from SayPro’s Audit and Evaluation Team, as part of the Enterprise Risk Management (ERM) cycle, the SayPro Strategic Planning Office under SayPro Operations Royalty follows a structured process outlined below. These flagged risks are typically identified through internal audits, program evaluations, and monitoring reports and are considered critical for immediate attention.
🔍 SayPro Review Process: Flagged Risks from Audit & Evaluation
🗂️ 1. Source of Flagged Risks
Flagged risks originate from:
- Internal Audit Reports (financial, operational, compliance)
- Program Evaluation Reports
- Monitoring Dashboards (M&E unit)
- Spot Check Reviews conducted quarterly
These reports highlight non-compliance, performance gaps, policy misalignments, or emerging threats.
📄 2. Types of Commonly Flagged Risks
| Risk Type | Example |
|---|---|
| Compliance | Failure to adhere to procurement protocols in regional programs |
| Operational | Delays in project deliverables due to poor coordination |
| Financial | Undocumented disbursements or budget overruns |
| Strategic | Partnerships not aligned with SayPro’s 2025 strategy |
| Reputational | Stakeholder complaints not resolved within set response times |
📊 3. Review Process Workflow
| Step | Activity | Lead Responsibility |
|---|---|---|
| Risk Identification | Flagged risks submitted via internal audit/evaluation reports | Audit & M&E Leads |
| Initial Screening | Prioritization based on risk score (impact × likelihood) | Strategic Planning Office (Risk Unit) |
| Review Session | Reviewed in Monthly Risk Review Workshop or ad-hoc ERM committee | Risk Facilitator + Department Heads |
| Risk Classification | Categorized as High, Medium, or Low and assigned a mitigation tier | Risk Analyst – C. Ngoma |
| Root Cause Analysis | Conducted for high-risk items | Internal Audit & Evaluation Team |
| Action Plan Development | Mitigation strategy and responsible person assigned | Risk Officer + Relevant Department Lead |
| Log Update | Risk and mitigation logged into SayPro Risk Register | ERM Data Admin |
📆 4. Timeline for Risk Review
| Task | Timeline |
|---|---|
| Risk flagging and submission | Within 3 business days of audit/evaluation |
| Risk review workshop | Monthly or ad hoc for high-priority items |
| Final classification | Within 5 days of workshop |
| Mitigation follow-up | Reviewed bi-weekly by ERM Team |
✅ 5. Outputs from the Review
- Updated Risk Register entry with unique Risk ID
- Mitigation Action Plan with timeline and person responsible
- Audit Compliance Log for future tracking
- Summary Report included in SCOR-1 Monthly and Quarterly Risk Digest
👥 Responsible Units
| Team | Lead Contact |
|---|---|
| Internal Audit | Mr. L. Maduna (Audit Director) |
| Monitoring & Evaluation | Ms. R. Moeti (M&E Manager) |
| Strategic Planning & Risk | Ms. B. Khumalo (ERM Coordinator) |
📌 Reminder for Staff
All flagged risks must be reviewed within the same quarter they are reported to maintain SayPro’s commitment to risk responsiveness, transparency, and accountability.
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