Introduction to Risk Management - CIMA

Introduction to managing risk Topic Gateway Series 1 Prepared by Jasmin Harvey and Technical Information Service Last reviewed February 2008 Introduction to managing risk Topic Gateway series no. 28 Introduction to managing risk Topic Gateway Series About Topic Gateways Topic Gateways are intended as a refresher or Introduction to topics of interest to CIMA members. They include a basic definition, a brief overview and a fuller explanation of practical application. Finally they signpost some further resources for detailed understanding and research. Topic Gateways are available electronically to CIMA members only in the CPD Centre on the CIMA website, along with a number of electronic resources. About the Technical Information Service CIMA supports its members and students with its Technical Information Service (TIS) for their work and CPD needs.

Managing risk in this context means reducing the variance between anticipated and actual outcomes. • Risk as opportunity (upside risk): risk can be seen as a source of opportunity ... Other possible data includes the likelihood of risk, consequences, interdependencies with other risks and a monetary estimation. 2. Risk management policy

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  Data, Risks, Managing, Managing risk

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