Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. how do i prepare a risk management report?

how do I prepare a risk management report?

70.2K

Verified Solution

Question

Finance

how do I prepare a risk management report?

Answer & Explanation Solved by verified expert
4.1 Ratings (748 Votes)
It is a common thing that when a project is pursued it faces various types of risks The nature of the risk may be external or internal Since the firm that undergoes the project has to work into a certain environment The social structure prevailing in the environment should be comprehended as the firm is not an outside entity of the society but a part of the society where it belongs However even as a part of the society the firm has to face the problem known as risks as the environment of the society where the firm belongs is ever changing The capacity to adapt the changes is an import factor for the sustenance of the firm When any risk arises it is required to identify the risk its nature and the degree of negative side of that risk The function also requires to response towards the risk and implementing proper monitoring process as two factors are two important aspects in the operational process of the firm When the risk is identified properly it is required to set proper plan so that the firm is able to handle the risk in an effective way through the life cycle of the project Therefore it is indispensable for a project manager to understand the likelihood of occurrence and the outcome of risk in a project and accordingly    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

how do I prepare a risk management report?

Other questions asked by students

Q

Match each term with its definition or description Keystone species Invasive species Biological magnification Biodiversity...

Biology
Q

1A) Use surface integral to evaluate the flux of F(x,y,z) = across the cylinder x^2+y^2=1, 0<=z<=2 1B) Use the...

Advance Math
Q

Define and give examples of convergent evolution • Use a phylogenetic tree to summarize the evolutionary relationships...

Biology
Q

Discuss reasons in order to be an ethical Human Service professional, is it imperative and essential...

Psychology
Q

Explain how gender shapes a person's life. In your answer, consider whether gender is more important,...

Psychology
Q

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa...

Accounting
Q

bisector of a Show that the perpendicular side of a regular pentagon is a line...

Geometry
Q

On January 1, 2020, Wildhorse Inc....

Accounting
Q

Provide the missing data in the following table for a distributor of martial arts products:...

Accounting
Q

The rate of return where initial investment and present value of future of cash flows...

Accounting
Q

On January 1, 2017, Lamar Corp. (CAD) purchased 80% of Martin Inc, an American company,...

Accounting
Q

Resale Value The estimated resale value R (in dollars) of a company car after t...

Accounting