Risk Maturity Assessment measures how advanced an organization's risk management practices are across dimensions such as governance, methodology, culture, and technology. Organizations are typically rated on a scale from ad-hoc to optimized based on criteria like ISO 31000 or COSO ERM frameworks. For example, a global bank might score 'managed' in credit risk but only 'developing' in cyber risk, revealing investment priorities. The assessment produces a roadmap for enhancing capabilities, stakeholder engagement, and integration with strategic planning. Regular maturity assessments help boards track progress and benchmark against peers.