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Types of risk
Description
A-Levels 1. Introduction to Risk Management Mind Map on Types of risk, created by helen_woolford on 06/05/2013.
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1. introduction to risk management
1. introduction to risk management
a-levels
Mind Map by
helen_woolford
, updated more than 1 year ago
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Created by
helen_woolford
over 11 years ago
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Resource summary
Types of risk
Timescale of risk impact
Long term
Medium Term
Short term
Trigger mechanism
Hazard, Control & Opportunity risks
Category of risk
Hazard
inhibit corporate mission
Four P's
Control
Opportunity
Achievement
Future success
Complaince
zero risk
Cause doubt
People and control processes
Hazard Tolerance
risk exposure
Risk appetite
Petty theft example
Mitigation of Hazard risks
4P Categories of hazard risks
Evaluate risk
Mitiggation
Insurance
Management of Uncertainties
Level of uncertainity
Deviation
Internal control- IIA
Obession
Embracing Opportunites
Positive return
marketplace/commercial
Appetite for seizing
Risk capacity needed
Strategic planning
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