What are the correct guiding principles of composite risk management
What are the correct guiding principles of composite risk management
supervise and evaluate
The risk.
The last step in the composite risk management process is to continuously monitor and review the risks and the effectiveness of the implemented controls. This ongoing evaluation ensures that new risks are identified, existing risks are reassessed, and control measures are adjusted as necessary. It fosters a proactive approach to risk management, allowing organizations to adapt to changing circumstances and improve overall resilience. Ultimately, this step is crucial for maintaining an effective risk management framework over time.
Risk that remains after response to ridentified risk is planned/selected
What are the correct guiding principles of composite risk management
What are the correct guiding principles of composite risk management
What are the correct guiding principles of composite risk management
What are the correct guiding principles of composite risk management
What are the correct guiding principles of composite risk management
What are the correct guiding principles of composite risk management
What are the correct guiding principles of composite risk management
Launch ReferenceQuestion 19What is the last step in the composite risk management (CRM) process?Supervise and evaluate.
supervise and evaluate
supervise and evaluate
Launch ReferenceQuestion 19What is the last step in the composite risk management (CRM) process?Supervise and evaluate.
Supervise and evaluate is the last step in the risk management process. It's important to include time for evaluation of your efforts, and to see what you could have done better or what things you and your team did well.