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Relevant information is identified, taken, and communicated in a form and now the people are given timeframe that enable them to carry out their responsibilities. Information gathered are generated as data. That information will provide the management the risk that they need to resolved and making informed decisions relative to objectives. Effective communication also have an important role in risk management, it is one of the important factors in a company. All workers must get a clear message from the management that enterprise risk management responsibilities must be taken seriously. They should understand their own role in enterprise risk management, as well as how they will relate the activities to their work and to the work of others. They must have a means of communicating significant information upstream. There is also effective communication with external parties, for example customers, suppliers, regulators, and shareholders.


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