discuss the merits of risk transfer and risk acceptance in relation to the case study

Case Study C - Organisational risk controls An organisation must develop controls for a project with a business partner, Management needs to assess the risks of working with another organisation. Previous risk documentation reveals some existing risk controls that will apply to the new partnership. Existing risk controls The existing controls used previously included having a contract in place to agree to the terms for working together and the liabilities. There was a system and a process in place for joint decision-making and there was a clear establishment of roles, responsibilities, and boundaries. The project that was carried out proved to be successful with this cautious approach