Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management, 3rd Edition

  • 8h 30m
  • Paul Hopkin
  • Kogan Page
  • 2014

It is increasingly important that organizations recognize, assess and respond to all forms of risk that they face. Fundamentals of Risk Management, now in its third edition, provides a comprehensive introduction to the subject of commercial and business risk. Completely aligned to ISO 31000, it examines the key components of risk management and its application, with examples to demonstrate its benefit to organizations in the public and private sector.

Exploring the different types of risk an organization faces, including hazard risks and uncertainties, chapters provide the core concepts of business continuity planning, enterprise risk management and project risk management as well as a thorough overview of the international risk management standards and frameworks, strategy and policy. Fundamentals of Risk Management is the definitive text for emerging professionals and risk management students.

About the Author

Paul Hopkin is Technical Director at the Association of Insurance and Risk Managers (AIRMIC). He was previously Director of Risk Management for The Rank Group Plc and before that Head of Risk Management at the BBC.

In this Book

  • Approaches to Defining Risk
  • Impact of Risk on Organizations
  • Types of Risks
  • Development of Risk Management
  • Principles and Aims of Risk Management
  • Risk Management Standards
  • Risk Management Framework
  • Risk Management Documentation
  • Risk Management Responsibilities
  • Risk-Aware Culture
  • Risk Training and Communication
  • Risk Practitioner Competencies
  • Risk Assessment Considerations
  • Risk Classification Systems
  • Risk Likelihood and Impact
  • Loss Control
  • Defining the Upside of Risk
  • Business Continuity
  • Enterprise Risk Management
  • Importance of Risk Appetite
  • Tolerate, Treat, Transfer and Terminate
  • Risk Control Techniques
  • Control of Selected Hazard Risks
  • Insurance and Risk Transfer
  • Corporate Governance Model
  • Stakeholder Expectations
  • Operational Risk Management
  • Project Risk Management
  • Supply Chain Management
  • Strategy, Tactics and Operations
  • Evaluation of the Control Environment
  • Risk Assurance Techniques
  • Activities of the Internal Audit Function
  • Reporting on Risk Management
  • Reputation and the Business Model
  • Developments in Risk Management