Orange Book
This guidance establishes the concept of risk management.
- From:
- Government Finance Function and HM Treasury
- Published
- 29 May 2013
- Last updated
-
2124NovemberApril20242025 — See all updates
Documents
Orange Book: Management of risk - Principles and Concepts (PDF 462KB)
PDF, 465 KB, 64 pages
RiskCentral ControlGovernment’s FrameworkAssurance 'BankDirectory of(formerly Questions'RCF NovemberBoQ) 2024April 25
MS Excel Spreadsheet, 1.961.43 MB
Portfolio Risk Management Guidance Orange Book Annex
PDF, 1.91 MB, 24 pages
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Risk Appetite Guidance Note
PDF, 722 KB, 22 pages
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Risk Management Skills and Capabilities Framework
PDF, 3.37 MB, 22 pages
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Good Practice Guide: Risk Reporting
PDF, 637 KB, 20 pages
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Details
This guidance establishes the concept of risk management and provides a basic introduction to its concepts, development and implementation of risk management processes in government organisations.
It should be read and used in conjunction with the other publications such as the Green Book which provides specific advice on appraisal and evaluation.
Details
This guidance establishes the concept of risk management and provides a basic introduction to its concepts, development and implementation of risk management processes in government organisations.
It should be read and used in conjunction with the other publications such as the Green Book which provides specific advice on appraisal and evaluation.
Updates to this page
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Update history
2026-06-03 16:23
The Central Government’s Assurance Directory has been updated.
2025-06-03 12:47
Added a new attachment – A Quick Guide: Central Government’s Assurance Directory. A document supporting the newly added CGAD (also attached in this document).
2025-04-24 14:35
The former Risk Management bank of questions has been replaced with the Central Government’s Assurance Directory.
2024-11-21 09:53
Update to the Risk Control Framework ‘bank of questions’ excel tool 2024 on Gov.uk to incorporate updates to some of the sections as follows:a. Part 1 – extension of Orange Book risk questions;b. an addition of a new section to cover UK Sanctions; c. general update to the spreadsheet to ensure references remain valid and link to latest versions of documents; andd. minor format changes, for example, change to contents pages and change to HMTreasury logo.
2023-05-04 15:35
Added Risk Control Framework ‘Bank of Questions’ April 2023 document
2023-05-04 14:38
New edition of the Orange Book and a new annex ‘Portfolio Risk Management Guidance Orange Book Annex’ has also added.