Risk Management

By: Benrisk SHERQ Consultants  10-15-2010
Keywords: Risk Management, Risk Assessments, Risk & Loss Control

  The Risk Management Process comprises 4 universal steps, namely:
   > Risk Assessment (ie  risk identificationm, risk evaluation and risk appraisal),
   > Risk Control (ie. risk termination, risk tolerance, risk treatment and risk transfer)
   > Risk Financing  (ie  self funding,  shared funding and 3rd party transfer [eg. to insurance])
   > Risk Review & Revision (ie.management status assessment and then the process re-starts)

Benrisk advises and performs survey type audits to assess each step or the full process within selected enterprise sections or the whole enterprise as required by the enterprise. 

Keywords: Risk & Loss Control, Risk Assessments, Risk Management,

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