Context of risk management
Definition of risk management
Relationship between risk and the objectives of an organisation
Consequences of failing to deliver
Need for risk management and the potential costs in ignoring it
Significance of risk management to strategy
Corporate governance
Location within an organisation of the responsibility for risk management
Introduction to the risk management process
Process of risk management
Role of the risk manager
Global risks
Identification of activities
Sources of internal information
Sources of external information
Appendix 1: Example job description
Risk Techniques
Where do the risks lie?
What are those risks?
Shaping of risks concepts for decisions
Safeguards
Business impact analysis
Credibility and quality testing
Appendix 1: Questionnaire - critical paper-based information
Assessment and analysis of risk
Objectives of risk analysis
Statistical analysis of risk
Killer risks
Risk analysis tools
Benchmarking of information and decisions
Assessment and prioritisation of risks
Attitude to risk
Comparing estimated levels of risk against risk appetite
Rating risks in terms of statutory and management priorities
Assessment and implementation of risk controls
Risk controls
Continuity or contingency planning
Recovery plans
Crisis management
Appendix 1: Basic prompts for the recovery teams
Material and workplace risk control
Material risk control
Workplace risk control
Appendix 1: Injuries to employees by occupation and severity of injury 2004/05
Risk Control I
Legislation risks
Product risk control
Political risks
Environmental risks
Third party liability risks
Motor risks
Contracted risks
Risk Control II
Technology risks
Brand and reputation
The supply chain
Evaluation of risk control options
Preparation and implementation of risk control plans
Risk financing
Cost of risk incidents
Development of corporate risk funding
Evaluating risk financing options
Risk financing plan
Monitoring and review
Areas of change
Dealing with change
Matching review mechanism to individual risks
Case studies
Case study one: Risk management structure; Springfields Ltd
Case study two: Physical risk survey
Case study three: Business continuity
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