It is a good time to review what we have covered so far in the class related to risk management. For this weeks discussion please post your version of what has been covered so far and how it is useful (or not) in your personal and/or professional life. Think about the overview I presented in class last week linking risk/uncertainty, governance, communication, the role of insurance, etc. to give you an idea of how I would like to see you approach this assignment.

IMPORTANT: The interaction and discussion between you all in reading and posting your replies is an important part of this assignment. My goal for this assignment is to have you solidify your understanding of the content which will help you complete the final homework assignment.

Use the following as a starting point for your posts and replies:

• A brief summary of the at least 5 major topics that you feel were of higher importance from all of those covered such as risk, uncertainty, event types, risk tolerance, risk equation, governance, communication, management, leadership, insurance, others (?) and if you have the background - the stock market.
• Make sure to explain why you selected these as your more important topic areas.
• Discuss how the topics relate to (or inform) each other from a risk management perspective.
• In your opinion what are the easiest and most difficult aspects of risk management. Explain your rationale?
• How does risk management relate to/apply to your work environment? If you are not currently working, discuss an area where you have worked previously or would like to work.
• How has your perception of risk management changed (or not) as a result of the course? Explain your interpretation of the relationship of the quantitative procedures of the risk equation to the use of insurance.