Fundamentals of Risk Management

Paul Hopkin is currently Technical Director at the Institute of Risk Management, having held the same role at the Association of Insurance and Risk Managers (AIRMIC) for nine years. He was previously Director of Risk Management for The Rank Group Plc and prior to that Head of Risk Management at the BBC. He is a Fellow of the Institute of Risk Management. The Institute of Risk Management (IRM) is the world's leading enterprise-wide risk education institution. IRM operates internationally with members and students in over 50 countries.

Chapter - 00: Introduction;


Section - ONE: Introduction to risk management;


Chapter - 01: Approaches to defining risk;
Chapter - 02: Impact of risk on organizations;
Chapter - 03: Types of risks;
Chapter - 04: Development of risk management;
Chapter - 05: Principles and aims of risk management;
Chapter - 06: Risk management standards;


Section - TWO: Risk strategy;


Chapter - 07: Risk management framework;
Chapter - 08: Risk management documentation;
Chapter - 09: Risk management responsibilities;
Chapter - 10: Risk-aware culture;
Chapter - 11: Risk training and communication;
Chapter - 12: Risk practitioner competencies;


Section - THREE: Risk assessment;


Chapter - 13: Risk assessment considerations;
Chapter - 14: Risk classification systems;
Chapter - 15: Risk likelihood and impact;
Chapter - 16: Loss control;
Chapter - 17: Defining the upside of risk;
Chapter - 18: Business continuity;


Section - FOUR: Risk response;


Chapter - 19: Enterprise risk management;
Chapter - 20: Importance of risk appetite;
Chapter - 21: Tolerate, treat, transfer and terminate;
Chapter - 22: Risk control techniques;
Chapter - 23: Control of selected hazard risks;
Chapter - 24: Insurance and risk transfer;


Section - FIVE: Risk governance;


Chapter - 25: Corporate governance model;
Chapter - 26: Stakeholder expectations;
Chapter - 27: Operational risk management;
Chapter - 28: Project risk management;
Chapter - 29: Supply chain management;
Chapter - 30: Strategy, tactics and operations;


Section - SIX: Risk assurance;


Chapter - 31: Evaluation of the control environment;
Chapter - 32: Risk assurance techniques;
Chapter - 33: Activities of the internal audit function;
Chapter - 34: Reporting on risk management;
Chapter - 35: Reputation and the business model;
Chapter - 36: Developments in risk management