Baseline Review
A baseline review is an initial assessment conducted to establish a reference point for future comparisons. In the context of compliance and risk management, a baseline review evaluates current policies, processes, and controls to determine their effectiveness and identify any gaps or areas needing improvement. This review helps set performance benchmarks and guides the development of stronger compliance measures.
Conducting a baseline review provides organizations with a clear understanding of their starting point, facilitating more effective monitoring and long-term improvement strategies.