أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
More appropriate elements are:-
1. Internal Environment - This covers the Management's values,company's ethics,risk appetite of the Management.
2. Objective or Goal Setting- The objectives set by the company.
3. Event Identification - Internal and External Events affecting the company.
4. Risk Assessment - Analysis of risk events probability and their effect.
5. Risk Response - set of measures to tackle risks.
6. Control Activities - Methodolgies/SOPs/policies to ensure effectiveness of risk responses.
7. Information and Communication - dissemination of risk related info to all stakeholders.
8. Monitoring -- Monitoring and intervention/modification mechanisms.
1- Identify Risk.
2- Source Risk.
3- Measure Risk.
4- Evaluate Risk.
5-Mitigate Risk.
6-Monitor Risk.
