5 Stage Process of Risk Management

Risk management is a 5 stage process. These processes go simultaneously. These steps are to be followed for having a good risk management. These steps are listed and explained below:- 1- Risk Identification:- This is the first and the most important step of r...
Read More

Identifying & Analyzing Property Loss Exposure

There are various steps involved in analyzing property loss exposure. The first step is to locate those things or those properties which have value and are exposed to loss. The property...
Read More

Identifying and Analyzing Loss Exposure

For identifying and analyzing loss exposures there are two steps, first is to identify three dimensions of loss exposures and the second is to use widely used method for analyzing and i...
Read More

Scale of Loss of a Risk Incident & Financing

It is very important for a risk manager to know the scale of a risk. Scale of the risk includes frequency of the risk as well as severity of a risk. Any event can cause multiple losses,...
Read More

Financing of Risk & Costs Involved in a Risk Incidents

“Risk financing is basically concerned with arrangement of finance to meet with the financial losses which arises due to any unforeseen and unpredictable incident” Full extent of th...
Read More

Organizational Chart; a technique to Identify Risk

Basically there are two types of organizational charts. One is general and the other is auxiliary. General organizational chart describes the structure of the organization where as Auxi...
Read More