Risk Process

From Open Risk Manual


Risk Process (also Risk Management Process) is any well defined activity within and organization that aims to identify, measure, or mitigate risks as part of the entity's Risk Framework


There is a wide range of processes depending on organization and risk profiles. Some relevant dimensions

  • Automated versus manual processes
  • Carried out internally or with external resources
  • Degree of integration into overall management processes
  • Level of internal oversight / audit
  • Level of external oversight / audit
  • etc

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