Chapter 4

Describe the 4As of Project risk management?

Describe the 4Es of Strategic decisions?

what is the link between the risk appetite, risk exposure and risk capacity?

How do you determine whether a control is effective?

Name risk to finance risks?

Name infrastructure risks?

Name reputation risks

Name some Marketplace risks?

Explain risk appetite in regards to hazard risk?

Why is insurance important?

Give two advantages of insurance?

Explain risk appetite and uncertainty risks?

Give two disadvantages of insurance?

What is Captive Insurance?

Explain risk appetite and opportunity investment?

Describe preventative controls?

What are the advantage of CIC?

What is the BS 31100 definition of risk treatment?

Describe Corrective controls?

What are the disadvantages of CIC?

What is the ISO 31000 definition of risk treatment?

Describe directive controls?

What are some of the Key features of ERM?

Describe the risk response tolerate?

Describe the risk response treat?

Describe detective controls?

Describe the risk response transfer?

Where do BCP and DRP fit into the PCDD model?

Describe the risk response terminate?

What are three components are needed to define ERM comprehensively?

What is the RIMS definition of ERM

What is the IIA definition of ERM?

Explain two ways in which an organisation might apply Risk Appetite?

What is the COSO definition of ERM?

What is the IIA definition of ERM?

What are the 10 steps of implementing an successful ERM initiative?

What is risk appetite?

Why is risk appetite importance as a planning tool?

What is the BS 31100 definition of Risk Appetite?

Explain what is risk appetite?

Explain what risk exposure is?

Explain what is risk appetite?

Explain what risk capacity is?

Describe the relationship between Risk Appetite, Risk Exposure, and Risk capacity

What is the interface between risk appetite and operations, projects and strategic

Describe the 4Ts of hazard risk management?

Describe the PCDD classification system?