risk_management

May 20th, 2015
Studypool Tutor
A. T. Still University
Price: $20 USD

Tutor description

Most Management decisions involve the assumption of risk the chance that things may not turn out the way we hope or want them to. Therefore, risk management has become an integral part of general organization and project management.

Word Count: 149
Showing Page: 1/7
RISK MANAGEMENTPresented ByMohan M. NallaINTRODUCTIONMost Management decisions involvethe assumption of risk the chance thatthings may not turn out the way wehope or want them to. Therefore, riskmanagement has become an integralpart of general organization and projectmanagement.DEFINITIONSWhat is Risk?The easiest way to define risk is by examining the following formula:Risk = Threats * Vulnerabilities * ImpactWhat is Risk Management?Risk management is about identifying risk, assessing the impact on yourbusiness if a security incident occurs, and making the right financial decisionabout how to deal with the results of your assessment.WAYS OF RISK MANAGEMENTSTEPS USE FOR RISK MANAGEMENTIdentify RisksAssess & Analyze RisksPlan ActionsMonitor & Implement the ActionMeasure the effectiveness & Controlthe risk impactTYPESOperation risk managementFinancial risk managementMarket risk managementCredit risk managementQuantitative risk managementCommodity risk management

Review from student

Studypool Student
" Awesome! Exactly what I wanted. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Other Documents

05/20/2015
05/20/2015
05/20/2015
05/20/2015
05/20/2015
05/20/2015
05/20/2015
05/20/2015
05/20/2015
05/20/2015

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors