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Risk Management

Identify, Analyze, Evaluate, and Treat Loss Exposures

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riskmanagement544

Slideshare about Risk Management

Author:Samuel90

YouTube Video

A video to introduce the basics of Risk management :

Email Assignment 4

The exsisting and possible threats might from different sources such as Opreational, technical, and stuctural.risk

Mobile assignment 4

We should continue monitor the risks that we have identified and managed in the future. So that to control the loss.

 

Mobile Assignment 4 photos

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Daily Prompt-South

I have always live in a city which is located in the South of the country. As we all know, the economy will growth faster in southern part and my hometown is the provincial capital of the Province, as a result, this city filled with opportunity, success, risk, and failure. We need manage our risk in this city so that to prevent us from loss. So, after I finished my high school in my hometown, and I get to university in United States for further study in Risk Management. While attending the university, I was surprised that this University is located in the South of United States. Tell Me More

The following is the risk analysis model:

Risk Analysis Model

How to Use Risk Analysis?

In order to carry out a risk analysis, we can following these steps:
1.Identify Threats
The exsisting and possible threats might from different sources such as Opreational, technical, and stuctural.
You can get more details form Risk assessment steps five and six.

2. Estimate Risk
We can simply calculate the probability of the event occuring by the following formula:
Risk Value = Probability of Event x Cost of Event

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Identify, Analyze, Evaluate, and Treat Loss Exposures

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