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Fundamentals of Risk Management: Understanding Evaluating and Implementing Effective Risk Management

Fundamentals of Risk Management: Understanding Evaluating and Implementing Effective Risk Management

  • Author:
  • Publisher: Kogan Page
  • ISBN: 9780749465391
  • Published In: May 2012
  • Format: Paperback , 440 pages
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only
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Fundamentals of Risk Management is a comprehensive introduction to the theory and application of commercial and business risk. It includes guidance on hazard, uncertainty and opportunity risk.

Now more than ever, organizations must plan, response and recognize all forms of risks that they face. Fundamentals of Risk Management, now in its second edition, provides a comprehensive introduction to the subject of commercial and business risk for anyone studying for a career in risk as well as a broad range of risk professionals. It examines the key components of risk management and its application with examples to demonstrate its benefit to organisations in the public and private sector.

The second edition has been completely updated to take into account the greater influence of ISO 3100, the emergence of Governance Risk and Compliance (GRC) and the wide use of the bowtie method to illustrate risk management. In addition, there is now a chapter on the skills and competencies required by an effective risk manager.

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 and project leader for the development of ISO 31004, the implementation guide to the international risk management standard, ISO 31000

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