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Transcript

Teacher: María Belén Vázquez Conde

5CM2

Team 6

What is Risk Management and Why is it important?

INSTITUTO POLITÉCNICO NACIONALESCUELA SUPERIOR DE COMERCIO Y ADMINISTRACIÓNUNIDAD SANTO TOMÁS

Questions to the organization
Steps

Table of contents

Strategies
Why it is important
It involves
What is Risk Management

It could also be an opportunity for us to mitigate it.

It is the process that is carried out to manage a risk

What is Risk Management

Controlling

Assessing

Indentify

It involves

Risk management can help organizations make confident business decisions and,create safer work environments

Risk management is essential to business. While some risk is inevitable, your ability to identify and mitigate it can benefit your organization.

Why it is important?

4. Assess and evaluate risks

3. Analyze risks

2. Identify and define potential risks

1. Establish context in which the rest of the process will take place

Steps

5. Mitigate risks

7. Communicate and consult with shareholders

6. Monitor risks

Steps

RISK RETAINING
RISK SHARING
RISK REDUCTION
RISK AVOIDANCE

STRATEGIES

How will we pay for it?

What can be done?

How will it affect the organization?

What can go wrong?

Questions to the organization

¡Thankyou!