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Risk Management
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Report W653 published on 23 Oct 2008
Business Relations, Governance, Operations/Service Management, Programme Management, Security/Business Continuity, Supplier Management/Procurement
Risk management has increased in importance in the last decade and has become more complex and challenging. This report covers a wide range of issues and 'good practice' in dealing with the current risk landscape from identifcation and quantification to ownership and governance frameworks
Generic sources and impact areas of risk are identified along with some comparative approaches to classifying these. The report covers a wide range of methods for identifying and quantifying risks. Also covered are the tricky issues around risk acceptance and ownership, the processes and frameworks that can be used to help manage them, including the auditing and tracking of actions. Reputational risks and dealing with publicity are covered as well as practical tips on improving risk management within projects and when outsourcers are used. The report ends with a presentation on how risk is managed in a global company by the Director of IT Risk management
Seventeen senior Risk and Compliance managers attended this event from twelve organisations drawn from both the private and public sector.
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