Unanswered Questions

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30 views

What is ISO 31000 and which organisations does it apply to?

ISO 31000 is intended to be a family of standards relating to risk management but my question is, beyond being another risk management standard - there are many already - how impor …
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6 views

What is the importance of a stated risk policy in embedding risk management?

What practical impact does the corporate risk policy have in embedding risk management?
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31 views

Are there standard classifications of operational risks?

Organisations face risks to their operations from factors both internal and external to the organisation. Is there an easy way to classify these risks so those who are new to risk …
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34 views

What are the common mistakes and pitfalls during the risk management process?

What are the common mistakes and pitfalls during the risk management process?
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4 views

Are there organisations that do not need to implement risk management?

Are there organisations that do not need to implement risk management?
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4 views

On what basis should risk treatment be selected?

Risk treatment is the process of selecting and implementing measures to modify the risk. As a minimum an effective risk system should provide effective and efficient operation of t …
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42 views

What are the implications of Solvency II for small insurance companies?

What are the implications of Solvency II for small insurance companies, and are the concerns of the Small and Medium-sized Enterprises (SMEs) being taken into account?
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3 views

New fines for serious data security breaches?

The Information Commissioner's Office has announced new penalties for serious data security breaches. What are they and the factors that influence the size of the penalty?
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12 views

What are the benefits of balanced incentive and risk sharing?

Fixed price target-orientated contracts have their limitations; for the client, who may pay over the odds, and for the provider who may under-estimate the cost during the bidding p …
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0 views

What are the key principles to achieving an economic risk-based model?

What are the key principles to be taken into account to achieve a true economic risk-based model and isn’t an economic risk-based model too far from the operational reality of the …
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11 views

What does it mean to ‘implement risk management’?

What do businesses and managers mean when they say they plan to 'implement risk management' and how does this differ from those who say they plan to 'embed' RM?