LocationUAE, Jordan, Online Training
CategoriesLeadership & Management
Risk management ensures that an organization identifies & understands the risks to which it is exposed. Risk management also guarantees that the organization creates & implements an effective plan to prevent losses or reduce the impact if a loss occurs.
A risk management plan includes strategies & techniques for recognizing & confronting these threats. Good risk management doesn’t have to be expensive or time consuming; it may be as uncomplicated as answering these three questions:
- What can go wrong?
- What will we do, both to prevent the harm from occurring & in response to the harm or loss?
- If something happens, how will we pay for it?
Risk management provides a clear & structured approach to identifying risks. Having a clear understanding of all risks allows an organization to measure & prioritize them & take the appropriate actions to reduce losses.
- Definition of Risk, and Risk Management
- Advantages of Risk Management
- Certainty, Risk, and Uncertainty
- Risk Management Process
- Risk Planning
- Risk Assessment
- Risk Identification
- Risk Analysis
- Risk Handling
- Risk Monitoring
- Crisis Management
- Emergency Management
- Examples and Case Study