Enterprise risk & controls · Core

Remediation plan

Also called: corrective-action plan

ELI5

A documented plan to correct an issue and prevent recurrence.

Used in conversation

“The team needs one controlled copy of remediation plan, with an owner and date.”

Pitch context

You will see “Remediation plan” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches enterprise risk & controls.

Why it matters: In enterprise risk & controls, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.