Assessing and managing enterprise risk, both pure risk and speculative risk have become a greater need for risk and safety practitioners. As organizations become more engaged in Enterprise Risk Management and risk-based thinking and decision making, there is a growing demand for risk professionals that can help identify, assess, and propose risk treatments to decision makers. Managing risk and its uncertainty enables decision makers and organization to achieve their objectives.
Assessing and Managing Risk: An ERM Perspective is designed for the risk and safety practitioner as well as students seeking to advance their knowledge and capabilities in Enterprise Risk Management. Organizations and risk professionals that recognize and implement the risk management principles, framework, process and methods discussed in this text will have greater opportunities for success.
Authors Bruce Lyon and Georgi Popov provide the reader a practical guide for understanding and applying principles, processes and methods for managing enterprise risk and risk-based decision making. The text incorporates and integrates current risk standards including ANSI/ASSP/ISO 31000, ANSI/ASSP/31010, ANSI/ASIS/RIMS RA.1, ANSI/ASSP Z590.3, ANSI/ASSP Z10.0, ANSI/ASSP/ISO 45001 and ASSP TR-31010.
Features
- Multiple practical examples, interactive tools, and case studies
- Introduction to new concepts in the Risk Pathway, the Risk Continuum, and Hierarchy of Risk Treatment
- In-depth discuss on the components in the Enterprise Risk Management process and risk-based decision making