definition Questions - Risk Portal Q & Amost recent 30 from http://answers.riskportal.com2010-09-10T19:43:20Zhttp://answers.riskportal.com/feeds/tag/definitionhttp://www.creativecommons.org/licenses/by-nc/2.5/rdfhttp://answers.riskportal.com/questions/14/definition-of-risk-managementDefinition of Risk Management?John2010-01-13T13:10:13Z2010-02-24T14:32:35Z
<p>Further to my previous question about the definition of risk; what is a relevant definition of risk management? <p>
If if not explicitly put forward as a definition, many organisations hint at what RM is; the following is the Institute Of Risk Management's 'definition':<p></p>
<blockquote>
<p>It is the process whereby
organisations methodically address the
risks attaching to their activities
with the goal of achieving sustained
benefit within each activity and
across the portfolio of all
activities.</p>
</blockquote>
<p>Do you agree with this? Personally I find this bland, do you have a better alternative?</p>
http://answers.riskportal.com/questions/13/definition-of-operational-riskDefinition of Operational Risk?John2010-01-13T13:03:41Z2010-02-23T12:14:48Z
<p>There are many definitions of 'operational risk', often dependent on the context of the organisation or individual defining it. Some are broad in scope attempting to cover all the bases, others seem limited to the downside of risk (i.e. threats). Which definition do you think is most relevant to today's op risk environment? <p>Please quote the source where available.</p>