Develop a complete understanding of the core concepts and frameworks of risk management with this guide designed for emerging professionals and students.

Clive Thompson was founding Chair of the Professional Standards and the Interest Group Committees of the Institute of Risk Management where he served on the board and was Deputy Chair until 2020. Based in West Sussex, UK, he has been a risk manager and consultant delivering projects globally. He is a Certified Fellow of the IRM.

Section - ONE: Introduction to Risk Management; Chapter - 01: Approaches to Defining Risk; Chapter - 02: Impact of Risk on Organizations; Chapter - 03: Types of Risks; Chapter - 04: Scope of Risk Management; Chapter - 05: Principles and Aims of Risk Management; Section - TWO: Approaches to Risk Management; Chapter - 06: Risk Management Standards; Chapter - 07: Establishing the Context; Chapter - 08: Enterprise Risk Management; Chapter - 09: Alternative Approaches; Section - THREE: Risk Assessment; Chapter - 10: Risk Assessment Considerations; Chapter - 11: Risk Classification Systems; Chapter - 12: Risk Analysis and Evaluation; Chapter - 13: Loss Control; Chapter - 14: Defining the Upside of Risk; Section - FOUR: Risk Response; Chapter - 15: Tolerate, Treat, Transfer and terminate; Chapter - 16: Risk Control Techniques; Chapter - 17: Insurance and Risk Transfer; Chapter - 18: Business Continuity; Section - FIVE: Risk Strategy; Chapter - 19: Core Business Processes; Chapter - 20: Reputation and the Business Model; Chapter - 21: Risk Management Context; Chapter - 22: Risk Management Responsibilities; Chapter - 23: Control of Selected Hazard Risks; Section - SIX: Risk Culture; Chapter - 24: Risk-Aware Culture; Chapter - 25: Importance of Risk Appetite; Chapter - 26: Risk Training and Communication; Chapter - 27: Risk Practitioner Competencies; Section - SEVEN: Risk Governance; Chapter - 28: Corporate Governance Model; Chapter - 29: Stakeholder Expectations; Chapter - 30: Operational Risk Management; Chapter - 31: Project Risk Management; Chapter - 32: Supply Chain Management; Section - EIGHT: Risk Assurance; Chapter - 33: The Control Environment; Chapter - 34: Risk Assurance Techniques; Chapter - 35: Internal Audit Activities; Chapter - 36: Reporting on Risk Management