Solution-What is risk management and risk analysis process

What is risk management and risk analysis process

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Reference no: EM133386558

The process of risk management requires organizations to understand risk to operations. This requires analysis and planning.

1. Define and explain Risk.

2. What is Risk management and the Risk Analysis process?

3. We identified 4 core methods to treat risk. (Identify, Assesing, Mitigation planned developed "tracking/prioritizing", and monitored) Identify and explain in detail each method to treat risk.

For each method, provide an example of a risk to Rider University that is NOT related to the THE COVID 19 PANDEMIC and your recommended mitigation treatment that is within that category. Explain each recommended mitigation on its effect on the probability and impact of the risk. Be sure to consider the viability of the recommendation from a practical and cost / benefit point of view.

Reference no: EM133386558

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What is risk management and risk analysis process

Reference no: EM133386558

Reference no: EM133386558

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