Risk Management (RM)

1. Manage risks to protect a business's financial well-being.

a. Assess business risks (RM:094) (MN)
- http://www.genre.com/knowledge/blog/steps-to-a-good-risk-assessment-en.html
- https://www.business.gov.au/info/run/risk-management/assessing-business-risks
- http://www.investopedia.com/ask/answers/061015/how-do-modern-companies-
assess-business-risk.asp
2. Manage risk to protect a business's well-being.
a. Discuss the nature of enterprise risk management (ERM) (RM:062) (SP)
- https://en.wikipedia.org/wiki/Enterprise_risk_management
- http://www.investopedia.com/terms/e/enterprise-risk-management.asp
b. Discuss the relationship between risk and business objectives (RM:044) (MN)
- https://normanmarks.wordpress.com/2012/01/20/risk-objectives-strategy-and-
performance/
- http://info.knowledgeleader.com/bid/164011/how-to-define-risk-management-
goals-and-objectives-in-your-organization
c. Identify business risks (RM:056) (MN)
- https://www.business.qld.gov.au/running-business/protecting-business/risk-
management/identifying-risk
- http://smallbusiness.chron.com/identify-business-risk-780.html
d. Explain ways to assess risk (RM:059) (MN)
- https://www.ccohs.ca/oshanswers/hsprograms/risk_assessment.html
- https://worksmart.org.uk/health-advice/health-and-safety/hazards-and-risks/what-
are-five-steps-risk-assessment
e. Develop a risk management program (RM:045) (MN)
- http://www.brighthubpm.com/risk-management/2875-a-practical-approach-to-
creating-a-risk-management-plan/
- http://smallbusiness.chron.com/develop-risk-management-plan-43912.html
- http://www.gfoa.org/creating-comprehensive-risk-management-program