RM

identify and understand the risks faced by organisations

● assess and measure the impact of risks on organisations

● understand the different ways that risks can be managed or mitigated

● understand how organisations can apply ‘Enterprise Risk Management’

● understand the importance of effective monitoring and reporting of risks

A situation involving exposure to danger, the possibility that something unpleasant or unwelcome
will happen

Give example of Kodak (Resist to change to digital)

risk management process

Enterprise Risk Management (ERM)

A key part of ERM is identifying how much risk you are prepared to take (your risk appetite), process,
tools, governance, and structure

Cosco Committee of Sponsoring Organizations

PM

a project is a unique undertaking: each one will differ from every other in some respect

● projects have specific objectives (or goals) to achieve

● projects require resources

● projects have budgets

● projects have schedules

● projects require the effort of people

● measures of quality will apply.

List those items that you would look at to determine a project’s success.

EG. If you are planning to study abroad then you might need some certain measures to get the
process work done thoroughly, like we need transcripts, certificates, good grades, academic research
is done if any, etc all you need to plan in advance so that when the time come to fill the application
for university all things need to be handy.

Requires PESTEL and SWOT analysis

RM

Communicate with entities outside or inside of the company

Who communicate with other businesses, clients, vendors to reach the objective

Skill required – Commercial loans

To maintain an adequate communication and explain what companies does, and why client choose
the company other than competitors

Proficiency in office

Ability to build and maintain client

Excellent communication and interpersonal skills

Conflict resolution and problem-solving skills

Deep knowledge of product and services

Build and maintain w prospective and clients

Consulting and guiding clients

Expectation bw 3 to 5 lpa it is nego