Risk Management Concept and Tools: A complete guide for the understanding of the Risk Based Thinking requirement included on the new ISO 9001:2015 standard
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Risk Management Concept and Tools: A complete guide for the understanding of the Risk Based Thinking requirement included on the new ISO 9001:2015 standard
“ … What is the precise definition of Risk? What is Risk Management and its characteristics? What are the Goals of Risk Assessment? How can we assess Operational Risks? What is the procedure for performing a Risk Assessment? Who does the analysis? How do we select the right tool for Risk Analysis ? … â€
These are only a few of the many questions that will be answered in this book.
In this risk management study you will learn to work through a proactive approach to risk threat and opportunity, based on a clear understanding of the powerful nature of both qualitative and quantitative techniques and tools for assessing the impact of risk. You will address how to identify, quantify, evaluate, control and respond to the risks your organization takes and understand how to minimize their impact.
If you manage your risk then you manage your success. Find out how protecting your business from risks on a daily basis brings big benefits. The really successful organizations work on understanding the uncertainty involved in achieving their objectives and ensuring they manage their risks so as to ensure a successful outcome. The performance of their current or future projects depend on the analysis performed to determine probabilities and the impact of risks.
The pace of change in today’s business environment calls for a risk assessment process that is dynamic and involves continuous monitoring of risk exposures. Risk assessment therefore helps organizations to quickly recognize potential adverse events, be more proactive and forward - looking, and establish appropriate risk responses, thereby reducing surprises and the costs or losses associated with business disruptions.
In this book you will learn how to:
- Manage risk globally, - Systematically identify high - priority risks, - Assess and rate risk. - Evaluate risk and determine cost effective priorities. - Devise risk reduction programmes. - Properly allocate budgets toward the most impactful risks. - Understand your risk profile. - Perform better than your peers.