Two new taxonomies have been added to the Open Risk Manual, an open online repository of information for risk management developed and maintained by Open Risk. The first is the Common Procurement Vocabulary, and the second is the European Union (EU) Financial Competence Framework.
The Common Procurement Vocabulary (CPV) establishes a single European classification system for the procurement of goods and services by the public sector. It has been developed by the EU to facilitate the processing of tenders. The EU Financial Competence Framework (for Adults) focuses on personal finance competencies. The framework aims to improve individuals' financial skills to make sound decisions regarding their personal finances.
Including CPV and the Financial Competence Framework taxonomy in the Open Risk Manual means users can search any activities or topics described in the manual. Also, users can cross-reference topics or activities with the rest of the content.
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