Proactive Risk Management
From Open Risk Manual
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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