Classification and Category of Risk

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Presentation transcript:

Classification and Category of Risk Topic 4 SMQR 5103

Typical Category of Risks External Environmental Economic Political Legal Social Market Internal Financial Operational Technological Strategic Reputational

Examples Risk Treatments Diversification Use saving account Invest sooner than later Learn about investments Risk Treatments

Examples

Examples Ethics & Integrity Reputation Risk 3rd Party Relationship Security risks 3rd Party Relationship

Relation of PEST & SWOT in Risk Management Process Risk Assessment Monitoring Review