Which document outlines a comprehensive strategy for managing risk in an organization?

The document that outlines a comprehensive strategy for managing risk in an organization is the Risk Management Strategy. This strategic document is essential as it defines the organization's overall approach to identifying, assessing, and mitigating risks. It typically includes the framework and governance for risk management, risk tolerance levels, and processes for continuous monitoring and improvement.

The Risk Management Strategy serves to align risk management activities with the organization's objectives and mission, ensuring that risks are managed in a way that supports the organization's ability to achieve its goals. This holistic approach involves not just identifying risks, but also developing strategies to mitigate them, effectively communicating the risk management process, and integrating risk management into the organizational culture.

In contrast, other documents may have specific focuses; for example, the Risk Assessment Framework is primarily concerned with the methods and guidelines for assessing risks rather than the broader strategy. The Security Control Plan details the specific security controls to be implemented but does not encompass the overall risk management strategy. The Compliance Document, while important for ensuring adherence to laws and regulations, does not provide a comprehensive view of risk management across the organization.