Question
Question1 Identifythefollowingrelevanttoriskmanagement,asapplicabletoyourorganisation: Atleasttwolegislations Atleasttworegulations Brieflyexplainhoweachlegislationandregulationaffectsriskmanagementprocessesinyourorganisation. Legislation BriefExplanationonHowLegislationAffectsRiskManagementProcessesinthe Organisation a. b. Regulation BriefExplanationonHowRegulationAffects RiskManagementProcessesintheOrganisation a. b. Question2 Identifythefollowingitemsinrelationtoriskmanagementanddocumentstorageinyourorganisation. Riskmanagement Atleastonepolicy Atleasttwocorrespondingprocessesunderthepolicy Atleasttwocorrespondingprocedurestocarryouttheprocesses Atleasttwodocumentstoragerequirementsaspertheriskmanagementpolicy Submitacopyofyourorganisation'sriskmanagementpoliciesandproceduresthatyouusedtoanswerthisquestion. A.RiskManagement a.RiskManagementPolicy
Question1
Identifythefollowingrelevanttoriskmanagement,asapplicabletoyourorganisation:
- Atleasttwolegislations
- Atleasttworegulations
Brieflyexplainhoweachlegislationandregulationaffectsriskmanagementprocessesinyourorganisation.
Legislation
BriefExplanationonHowLegislationAffectsRiskManagementProcessesinthe
Organisation
a.
b.
Regulation
BriefExplanationonHowRegulationAffects
RiskManagementProcessesintheOrganisation
a.
b.
Question1 | |
| Identifythefollowingrelevanttoriskmanagement,asapplicabletoyourorganisation:
Brieflyexplainhoweachlegislationandregulationaffectsriskmanagementprocessesinyourorganisation. | |
| Legislation | BriefExplanationonHowLegislationAffectsRiskManagementProcessesinthe Organisation |
a. | |
b. | |
| Regulation | BriefExplanationonHowRegulationAffects RiskManagementProcessesintheOrganisation |
a. | |
b. |
Question2 |
| Identifythefollowingitemsinrelationtoriskmanagementanddocumentstorageinyourorganisation.
Submitacopyofyourorganisation'sriskmanagementpoliciesandproceduresthatyouusedtoanswerthisquestion. |
A.RiskManagement |
| a.RiskManagementPolicy Identifyatleastonepolicyrelatedtoriskmanagement. |
| b.RiskManagementProcesses Outlineatleasttwoprocessesunderthispolicy,whichstatewhatneedstobedoneandwhy. |
i. |
ii. |
| c. RiskManagementProcedures Outlinethestepsthataregenerallyfollowedtocarryouttheseprocesses. |
i. |
ii. |
B.DocumentStorageRequirements |
a. |
b. |
Question3 | |
Definethefollowingtypesofbusinessrisks. | |
TypesofBusinessRisk | Definition |
| a.EconomicRisk | |
| b.ComplianceRisk | |
| c. ITSecurityRisk | |
| d.FinancialRisk |
Question4 | |
Defineeachofthefollowingoptionsfortreatingrisks. | |
OptionsforTreatingRisks | Definition |
| 1.Riskavoidance | |
| 2.Riskreduction | |
| 3.Risksharing | |
| 4.Riskacceptance |
Question5 | |
| ForeachofthefollowingspecificISO31000standards,identifytheirpurposeandatleasttwokeyelements.
| |
ISO31000:2018:RISKMANAGEMENT:GUIDELINES | |
| PURPOSE Identifywhatthisstandardaimstodo,i.e.thescopeofthestandard. | |
| ELEMENTS Outlineatleasttwoprinciplesthatthisstandardoutlines. | i. |
ii. | |
IEC31010:2019:RISKMANAGEMENT:RISKASSESSMENTTECHNIQUES | |
| PURPOSE Identifywhatthisstandardaimstodo,i.e.thescopeofthestandard. | |
| ELEMENTS Outlinethepurposeofatleasttwocomponentsofriskassessmentas outlinedinthisstandard.Usebulletpoints. | i. |
ii. |
Question6 | |
| Explainhowthefollowingtoolsandtechniquesareusedtoidentifyrisksforscopingriskmanagementprocesses:
| |
TOOLS | |
SWOTAnalysis | |
PESTLEAnalysis | |
TECHNIQUES | |
Documentationreview | |
Brainstorming |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started