Operations risk: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACT ICM material p 17.6.) |
imported>Doug Williamson (Add link.) |
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Operations risks | ''Risk management - risk identification.'' | ||
Operations risks include events such as: | |||
*The processes breaking down and requiring contingency and back-up plans | *The processes breaking down and requiring contingency and back-up plans | ||
*Important suppliers in the supply chain no longer being able deliver | *Important suppliers in the supply chain no longer being able deliver | ||
| Line 14: | Line 16: | ||
* [[Market risk]] | * [[Market risk]] | ||
* [[Operational risk]] | * [[Operational risk]] | ||
* [[Operations]] | |||
* [[Unrewarded risk]] | * [[Unrewarded risk]] | ||
* [[Rewarded risk]] | * [[Rewarded risk]] | ||
* [[Risk management]] | |||
* [[Systems risk]] | * [[Systems risk]] | ||
* [[Weather risk]] | * [[Weather risk]] | ||
[[Category:Financial_risk_management]] | |||
Latest revision as of 16:31, 2 May 2022
Risk management - risk identification.
Operations risks include events such as:
- The processes breaking down and requiring contingency and back-up plans
- Important suppliers in the supply chain no longer being able deliver
- Quality of the workforce and whether they are sufficiently trained and motivated
- Damage to or loss of use of premises
- Fraud risk and ensuring that proper controls and procedures are in place
