Evaluate the overall risk management process

Assignment Help Managerial Accounting

Reference no: EM132811008

Manage riskAssessment

Complete the following activities:

Develop a risk management evaluation report

This assessment task requires you to evaluate and report on the risk management process that you have completed in the previous two assessment tasks.

Review all of the following questions and prepare a short report of approximately 1 to 2 pages that addresses each question.

Question A. Evaluate the overall risk management process.

1. Was it easy or difficult to identify risks?

2. Was staff input (at the meeting) helpful?

Question B. Consider whether the process indicated in the NatureCare Products' current Risk Management Policy and Procedures is sufficient to guide the risk management process used for the business expansion project. Explain why or why not.

Question C. Explain whether the principles of risk management in the NatureCare Products risk management policy and procedure is consistent with AS/NZS ISO31000:2009 Risk Management Principles and Guidance.

Question D. What changes would you recommend to the risk management process.

Reference no: EM132811008

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