1. PRESENTATION TOPIC TRACKING ENTERPRISE RISKS AND LEARNING BY TRACKING

3. TRACKING ENTERPRISE RISK  ENTERPRISE RISKS NOT DEAL WITH INDIVIDUAL RISK  IT DEAL WITH GROUP OF RISK  LITERATURE REVIEW  TRACKING RISKS TRANSLATES INTO TRACKING CAPABILITY, GROWTH, AND THE ASSOCIATED RISKS.  TWO ASPECT FOR TRACKING  FIRST ASPECT IS TO TRACK THE PROBLEM

4. FIRST STEP IN TRACKING TRACK THE PROBLEM  RISKS AUDITS ARE ORGANIZED AT A PARTICULAR TIME  THE AUDITOR COMPILES  RISK HISTORIES  NEW DISCOVERIES  MAKES HIS OWN SURVEYS  DETECTS WEAKNESSES

5. SECOND COMPONENT IN TRACKING IMPROVEMENT IN PLAN JUDGE THE PROGRESS DO EVALUATION TO CHECK THE EFFECTIVENESS OF PURPOSED SOLUTION

6. LEARNING BY TRACKING  TWO THING INVOLVE IN IT  TRACKING IMPROVES RISK MANAGEMENT  SURPRISES

7. TRACKING IMPROVE RISKS MANAGEMENT  TRACKING VALIDATES OUR KNOWLEDGE OF RISKS  IT IS EXPRESSED AS REVISED IDENTIFICATION CHECKLISTS AND MITIGATION PLAN  DYNAMICS OF RISKS ALSO SOURCE OF LEARNING  RISKS CLOSURE ARE KNOWLEDGE REPOSITORY THAT HAS GREAT POTENTIAL IN STRATEGIC THINKING

8. SURPRISES SOME SURPRISES FACE BY PROJECT TEAM  NO REAL RISK  OTHER FORCES IN ACTION  TRUE RISK DEFINITION

9. NO REAL RISK  AFTER ALL THE ANALYSIS, SOLUTION, MITIGATION PLAN, AND ACTION  RISK IS EVAPORATED  BENEFITS ALSO EVAPORATED  THIS SITUATION IS SURPRISED  IT IS KNOWN AS FALSE ALARM

10. OTHER FORCES IN ACTION  SOMETIMES PROBLEM SOLVED WITHOUT MITIGATION PLAN  IN FACT THE PROBLEM WAS BEING SOLVED FOR QUITE SOME TIME

11. TRUE RISK DEFINITION  DURING TRACKING, THE TRUE NATURE OF RISKS BECOMES CLEAR.  THE ORIGINAL RISK DEFINITIONS AND RISK NAMES ARE WRONG.