In terms of risk monitoring in the risk management process...

The Treasury Board of Canada Secretariat (TBS) has implemented a Risk Management Framework to ensure that risk management is integrated into all levels of decision-making. TBS regularly reviews and updates their risk management processes, with senior management highlighting risk management decisions on their agendas and tracking and reporting on outcomes of the decisions taken. This demonstrates evidence of senior management oversight of risk management activities, including the success and/or failure of risk responses (Reference: Treasury Board of Canada Secretariat, "Integrated Risk Management Framework"

1. what is the risk management framework's content? why should other organizations implement this in their risk monitoring process?

2. What kind of decisions/nature of risk are noted by senior management in the treasury board secratariat?

3.how are the outcomes measured by treasury board secratariat?

please cite and reference...