Category: Risk

Certified Financial Risk Management Consultant

CFRMC® (Certified Financial Risk Management Consultant)

Certified Financial Risk Management Consultant – CFRMC® The Certified Financial Risk Management Consultant – CFRMC® designation is offer 100% online and is design to provide learners with a solid understanding of business risk and explains the strategies for managing risk efficiently and effectively. The Financial Risk Management courses focus primarily on Financial, operational, project, and reputation […]

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Certified Professional Internal Auditor - CPIA

CPIA (Certified Professional Internal Auditor) by USA

Certified Professional Internal Auditor – CPIA (USA) The Certified Professional Internal Auditor – CPIA program is designated for professional internal auditors who are looking for best practices in internal audit in line with the internal audit standards. The candidates who study the CPIA program and pass the respective examination, along with possessing the relevant educational […]

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Certified Financial Consultant

CFC® (Certified Financial Consultant) by USA

Certified Financial Consultant – CFC® The Certified Financial Consultant – CFC® designation is the premier designation of the Institute of Financial Consultants® Firstly, we are introducing a 100% online CFC® rating and have designed it for highly accomplished individuals who want to take the next major step along their career path within a wide range […]

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Risk Assessment

Conducting a Risk Assessment

Conducting a Risk Assessment Once you have gathered the data and set the scope for a risk assessment project, the process moves on to conducting the risk assessment itself. Risk assessment serves many purposes for an organization, including reducing operational risks, improving safety performance, and achieving objectives. While many individuals are involved in the process and many factors come […]

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Risk management standards

Risk Management standards / ISO 31000

Risk Management standards and examples Since the early 2000s, several industries and government bodies have expanded regulatory compliance rules that scrutinize companies’ risk management plans, policies, and procedures. In an increasing number of industries, boards of directors are required to review and report on the adequacy of enterprise risk management processes. As a result, risk analysis, internal audits, […]

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Risk management process

Risk Management Process

Risk Management Process In the Risk management approaches, after the companies, specific risks are identified and the risk management process has been implemented, there are several different strategies companies can take in regard to different types of risk: Risk avoidance. While the complete elimination of all risks is rarely possible, a risk avoidance strategy is […]

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Risk management process

Risk Management Process & Strategies

Risk Management Process & Strategies All risk management process plans follow the same steps that combine to make up the overall risk management process: Establish context. Understand the circumstances in which the rest of the process will take place. We must also set standards that we will use to assess risks and define the structure […]

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Risk management

The Importance of Risk Management

What is Risk Management and Why is it Important? Risk management is the process of identifying, assessing, and controlling threats to an organization’s capital and earnings. So These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents, and natural disasters. So IT security threats […]

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Risk Treatment

Risk Treatment

Treatment of the Risk You must eliminate or contain every danger as soon as possible. So It is important that ‎responses are appropriate to the significance of the risk treatment, cost-effective in meeting the ‎challenge, realistic within the project context, agreed upon by all parties involved, and ‎owned by a responsible person.‎ Dealing with Threats […]

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Risk Matrix

Risk Matrix

What is a Risk Matrix A risk matrix is probably the inter-industry safety standard for the tool used in risk evaluation. In aviation SMS programs are ubiquitous. They use “probability” and “severity” to quantify the scope of a real or hypothetical safety scenario. The quantification is generally broken into 3 categories: Acceptable risk (green); Unacceptable […]

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