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Benefits of Risk management 1. Supports strategic and business planning 2. Enhances communication between faculties and departments 3. Support effective use of resources 4. Promotes

Benefits of Risk management

1. Supports strategic and business planning 2. Enhances communication between faculties and departments 3. Support effective use of resources 4. Promotes continual improvement 5. Helps focus internal audit programme 6. Fewer shocks and unwelcome surprises 7. Reassures stakeholders 8. Quick grasp of new opportunities

Please help me to explain this benefit of risk management and other name of saying the same thing?

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