compile a risk management plan for a given organization substructure as part of a bigger plan that is aligned to the risk management framework 1. interpret the business profile and risk maturity of a given organization substructure. 2. conduct an environmental scan and incorporate findings (maturity, drivers, culture, audit profile) in the risk management plan. 3. structure the elements of a risk management plan. 4. negotiate with stakeholders and allocate timeframmes, resonsiibilities and resources. 5. develop criteria for reporting on the implementation of the risk plan
compile a risk management plan for a given organization substructure as part of a bigger plan that is aligned to the risk management framework 1. interpret the business profile and risk maturity of a given organization substructure. 2. conduct an environmental scan and incorporate findings (maturity, drivers, culture, audit profile) in the risk management plan. 3. structure the elements of a risk management plan. 4. negotiate with stakeholders and allocate timeframmes, resonsiibilities and resources. 5. develop criteria for reporting on the implementation of the risk plan
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:compile a risk management plan for a given organization substructure as part of a bigger plan that is
aligned to the risk management framework
1. interpret the business profile and risk maturity of a given organization substructure.
2. conduct an environmental scan and incorporate findings (maturity, drivers, culture, audit profile) in the
risk management plan.
3. structure the elements of a risk management plan.
4. negotiate with stakeholders and allocate timeframmes, resonsiibilities and resources.
5. develop criteria for reporting on the implementation of the risk plan
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