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: Zin 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

Problem 9 : At the beginning of the year, ABC had $100,000 in Accounts Receivable and...

Accounting
Q

The velocity profile for a steady laminar flow in a circular pipe of radius R is...

Mechanical Engineering
Q

1)For Hobbes, what is a contract? 2) Why are all contracts in the state of nature...

Psychology
Q

Consider an electric circuit consisting of a coil of negligibly small inductance consisting of N...

Physics
Q

Event A occurs with probability 0 3 and event B occurs with probability 0 4...

Statistics
Q

A company exchanged old equipment for new equipment in two exchange transactions. Each transaction has...

Accounting
Q

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

Accounting
Q

Please answer. Headland Company commonly issues long-term notes payable to its various lenders. Headland...

Accounting
Q

Niebla Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of...

Accounting
Q

1. All the following are needed for the computation of depreciation except Group of answer...

Accounting
Q

please help me understand parts 1-10 of this problem - integrative - conflicting rankings ...

Finance
Q

A kitchen appliances manufacturing company is planning to buy a new production equipment for $2,500,000....

Finance