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73238
Development of Risk Management
Description
A-Levels 1. Introduction to Risk Management Mind Map on Development of Risk Management, 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
Development of Risk Management
Origins of risk management
Definition of risk management
ISO Guide 73, BS31100
IRM
Activities/processes to identify and deal with risk
Increasing importance
Managing the organsaiotn
changes in the marketplace
Stages that make up the RM process
8R's and 4T's
make up RM activities
tools and techniques
repeated often avoid static snapshot
Enterprise Risk Management
unifying philopsohy
all risk drawn together
disruption to the overall stakeholders expectation
The RIMS definition
Level of RM sophistication
Reform
Confom
Perform
REGRESS!
Bow-tie representation
tool for RM activity
left side for source
Control in place
right side for consequences
recovery/response control
Event in the middle
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