CRM - Principles and Practices of Risk Management

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Decks in this class (18)

Chapter 1: Introduction to Risk Management - Vocabulary
Risk profile 1,
Smart product 2,
Internet of things iot 3
24  cards
Chapter 1: Introduction to Risk Management - Review (Part 1)
How is today s risk management en...,
Traditional concept of risk in in...,
Two ways that today s concept of ...
24  cards
Chapter 1: Introduction to Risk Management - Review (Part 2)
What are the objectives of risk m...,
Eight typical risk management goa...,
Tolerable uncertainty 3
29  cards
Chapter 2: Risk Management Standards and Frameworks - Vocabulary
Risk management standard 1,
Risk management framework 2,
Risk criteria 3
3  cards
Chapter 2: Risk Management Standards and Frameworks - Review
How does the application of a ris...,
Why should organizations voluntar...,
Two main frameworks for risk mana...
25  cards
Chapter 3: Hazard Risk - Vocabulary
Frequency 1,
Severity 2,
Avoidance 3
41  cards
Chapter 3: Hazard Risk - Review
The casualty actuarial society de...,
How does the basel committee defi...,
Three categories of hazard risk 3
33  cards
Chapter 4: Operational, Financial, and Strategic Risk - Vocabulary
Root cause 1,
Key risk indicator kri 2,
Exposure indicator 3
37  cards
Chapter 4: Operational, Financial, and Strategic Risk - Review (Part 1 - Operational)
Basel ii definition of operationa...,
Iso 31000 definition of operation...,
Four basel ii categories of opera...
16  cards
Chapter 4: Operational, Financial, and Strategic Risk - Review (Part 2 - Financial)
Three major types of financial ri...,
Two characteristics of financial ...,
Goal of fiancial risk management ...
17  cards
Chapter 4: Operational, Financial, and Strategic Risk - Review (Part 3 - Financial cont'd)
Var and ear 1,
How does var work 2,
Three benefits of var as a risk m...
19  cards
Chapter 4: Operational, Financial, and Strategic Risk - Review (Part 4 - Finance & Strategic Risk)
How is economic capital used as a...,
Fair value accounting to determin...,
Why is the fair value of an insur...
16  cards
Chapter 5: Risk Management Framework and Process - Vocabulary
Risk owner 1,
Key performance indicator kpi 2,
Key risk indicator kri 3
6  cards
Chapter 6: Risk Identification - Vocabulary
Risk register 1,
Risk map 2,
Inherent risk 3
9  cards
Chapter 7: Risk Analysis - Vocabulary
Theoretical probability 1,
Empirical probability a posterior...,
Probability analysis 3
14  cards
Chapter 8: Risk Treatment - Vocabulary
Loss prevention 1,
Loss reduction 2,
Retention 3
9  cards
Chapter 9: Big Data Analytics for Managing Risk - Vocabulary
Big data 1,
Structured data 2,
Unstructured data 3
45  cards
Chapter 10: Capital Investment and Financial Risk - Vocabulary
Present value 1,
Discounting 2,
Discount rate 3
15  cards

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CRM - Principles and Practices of Risk Management

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