Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management
This fifth edition of Fundamentals of Risk Management is a comprehensive introduction to commercial and business risk for students and risk professionals. Providing extensive coverage of the core frameworks of business continuity planning, enterprise risk management and project risk management, this is the definitive guide to dealing with the different types of risk an organization faces. With relevant international case examples including Ericsson, Network Rail and Unilever, the book provides a full analysis of changes in contemporary risk areas including supply chain, cyber risk, risk culture and appetite, improvements in risk management documentation and statutory risk reporting.
Book contents:
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Approaches to Defining Risk
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Impact of Risk on Organizations
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Types of Risks
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Scope of Risk Management
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Principles and Aims of Risk Management
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Risk Assessment Considerations
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Risk Classification Systems
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Risk Analysis and Evaluation
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Loss Control
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Defining the Upside of Risk
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Tolerate, Treat, Transfer and Terminate
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Risk Control Techniques
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Insurance and Risk Transfer
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Business Continuity
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Core Business Processes
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Reputation and Business Model
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Reputation and the Business Model
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Risk Management Context
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Risk Management Responsibilities
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Control of Selected Hazard Risks
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Risk Aware Culture
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Importance of Risk Appetite
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Risk training and Communication
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Risk Practitioner Competencies
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Corporate Governance Model
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Stakeholder Expectations
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Operational Risk Management