Managing Risk

Andrew Smart and James Creelman

Chapter 7 in Risk-Based Performance Management, 2013, pp 167-200 from Palgrave Macmillan

Abstract: Abstract In the context of Risk-Based Performance Management, risk management is about understanding and exploiting opportunities and threats (the risk the organization faces in pursuit of its objectives), and the continuous monitoring and management of those risks to ensure the organization executes its strategy while “operating within appetite”.

Keywords: Risk Management; Water Quality Index; Loss Event; Risk Event; Risk Tolerance (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36730-3_7

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DOI: 10.1057/9781137367303_7

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