Overview

Organisations face a very wide range of risks that can impact the outcome of their operations. These events may inhibit what the organisation is trying to achieve (hazard risks), enhance what the organisation is doing (opportunity risks), or create uncertainty about the outcomes (control risks). Fundamentals of Risk Management provides a comprehensive introduction to the subject of commercial and business risk. It is suitable for those studying for a career in risk as well as a broad range of risk professionals. The book examines the key components of risk management and how it can be applied. Examples are provided that demonstrate the benefits of risk management to organisations in the public and private sector.

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9780749459420

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this is the first edition of what will no doubt become a seminal text for anyone involved in the role of corporate risk management. it is truly comprehensive, with a careful explanation of risk theory and numerous tools including frameworks, international standards and models. supply management, september 2010

This is the first edition of what will no doubt become a seminal text for anyone involved in the role of corporate risk management. It is truly comprehensive, with a careful explanation of risk theory and numerous tools including frameworks, international standards and models. Supply Management, September 2010

Author Information

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 prior to that Head of Risk Management at the BBC. He is a Fellow of the Institute of Risk Management.

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