Description
Enterprice Risk Management equips learners with a practical framework for identifying, measuring and managing the risks that threaten an organisation’s objectives. The book opens with an introduction to enterprise risk management: its principles, benefits and the frameworks that guide modern practice. It then develops risk identification and assessment, risk measurement and quantification, and the concepts of risk appetite and risk tolerance that set the boundaries for decisions. Further chapters cover risk response and mitigation, and the integration of ERM with strategic decision-making. The closing chapters address monitoring and reporting risk, and ERM governance and structure. Its eight chapters follow the unit’s lessons step by step, each with practical exercises, a global scope discussion and current advances in technology, preparing the learner to contribute to effective enterprise risk management in any organisation.
