Proactive Risk Management
From Open Risk Manual
Definition
Proactive Risk Management is an approach to the Risk Management of organization that places due emphasis on the early assessment and mitigation of possible risks.
Methods
- Development and Utilization of Forwarld Looking Risk Metrics, KRI's and Scenarios
- Recogizing the reality of Emerging Risk types
See Also
- Principle 8 of the Sound Management of Operational Risk
