Chapter 2

Describe the Risk Architecture

Describe the importance of the protocols that should be followed in the RM policy

What is the most important component of the RASP?

What is the relationship between RA+S+P?

Describe a risk response and improvement plan document

Describe a event report and recommendation document?

Describe a risk performance and monitoring report?

What are the key features of the risk architecture?

Listed some of the RM responsibilities for the specialist RM function

What are the key features of the RM strategy?

What should be included in the RM manual?

Listed some of the RM responsibilities for the internal audit manager

Describe the RM strategy?

Listed some of the RM responsibilities for the internal audit manager

Describe the RM protocols?

Explain the relationship between the three contexts

Define a risk register?

What are the key features of RM protocols?

What is GRASP?

What is the purpose of a risk register?

Explain the three lines of defence model

Draw a RM architecture for a large corporation

Define risk owner

Draw a RM structure for a charity

Explain the styles of risk management?

Define LILAC

Describe the 4N's of risk maturity?

Describe some RM guidelines?

List some of the responsibilities of the RM committee

Why is training important?

Explain the advantages and disadvantages of RMISs

What is the ISO definition of a risk register?

List some of the RM responsibilities of the CEO

Listed some of the RM responsibilities for the local manager

Listed some of the RM responsibilities for the employees

Listed some of the RM responsibilities for the risk manager

What is RASP

What types of RM documentation will need to be kept?

What are the main sections of the RM policy?

Describe the important of the overall strategy part of the RM policy?

The types of RM documentation that will need to be kept include?

Describe the importance of the roles and responsibilities of the RM policy?