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RISK MANAGEMENT
MAX FM 3-4
Risk Management
Risk
managem-ent
In the financial world, risk management is the process of identification, analysis and acceptance or mitigation of uncertainty in investment decisions.
In the financial world, risk management is the process ...
The interview
Risk manage-ment standards
It should be an integral part of the overall organizational process.
It should be systematic and structured.
It should be adaptable to change
It should be adaptable to change
It must explicitly address any uncertainty
It should be adaptable to change
All risk management plans follow the same steps that combine to make up the overall risk management process:
Risk manage-ment standards
Risk identification
Risk assessment and evaluation
Risk analysis
APPROACHES
After the company's specific risks are identified and the risk management process has been implemented, there are several different strategies companies can take in regard to different types of risk:
Risk manage-ment standards
Risk avoidance
Risk reduction
Risk sharing
Risk retaining
THANKS YOU
The End
For your attention