Operations risk: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add heading.) |
imported>Doug Williamson (Add link.) |
||
| Line 16: | Line 16: | ||
* [[Market risk]] | * [[Market risk]] | ||
* [[Operational risk]] | * [[Operational risk]] | ||
* [[Operations]] | |||
* [[Unrewarded risk]] | * [[Unrewarded risk]] | ||
* [[Rewarded risk]] | * [[Rewarded risk]] | ||
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
