Types of risk

Beschreibung

A-Levels 1. Introduction to Risk Management Mindmap am Types of risk, erstellt von helen_woolford am 06/05/2013.
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Mindmap von helen_woolford, aktualisiert more than 1 year ago
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Zusammenfassung der Ressource

Types of risk
  1. Timescale of risk impact
    1. Long term
      1. Medium Term
        1. Short term
      2. Trigger mechanism
      3. Hazard, Control & Opportunity risks
        1. Category of risk
          1. Hazard
            1. inhibit corporate mission
              1. Four P's
              2. Control
                1. Opportunity
                  1. Achievement
                    1. Future success
                    2. Complaince
                      1. zero risk
                    3. Cause doubt
                      1. People and control processes
              3. Hazard Tolerance
                1. risk exposure
                  1. Risk appetite
                  2. Petty theft example
                  3. Mitigation of Hazard risks
                    1. 4P Categories of hazard risks
                      1. Evaluate risk
                        1. Mitiggation
                          1. Insurance
                    2. Management of Uncertainties
                      1. Level of uncertainity
                        1. Deviation
                          1. Internal control- IIA
                            1. Obession
                        2. Embracing Opportunites
                          1. Positive return
                            1. marketplace/commercial
                            2. Appetite for seizing
                              1. Risk capacity needed
                              2. Strategic planning
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