100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
RIMS - CRMP Complete Study Guide; 1 Analyze the Business Model, 2 Developing Organizational Risk Strategies, 3 RIMS CRMP-Implementing the Risk Process, 4 Developing Organizational Risk Management Competency, 5 Supporting Decision Making, Complete And Alre $21.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. RIMS-CRMP
  4.  
  5. RIMS-CRMP

Exam (elaborations)

RIMS - CRMP Complete Study Guide; 1 Analyze the Business Model, 2 Developing Organizational Risk Strategies, 3 RIMS CRMP-Implementing the Risk Process, 4 Developing Organizational Risk Management Competency, 5 Supporting Decision Making, Complete And Alre
 4 views  0 purchase
  • Course
  • RIMS-CRMP
  • Institution
  • RIMS-CRMP

RIMS - CRMP Complete Study Guide; 1 Analyze the Business Model, 2 Developing Organizational Risk Strategies, 3 RIMS CRMP-Implementing the Risk Process, 4 Developing Organizational Risk Management Competency, 5 Supporting Decision Making, Complete And Alre RIMS - CRMP Complete Study Guide; 1 Analyz...

[Show more]

Preview 3 out of 30  pages

Document information

  • September 5, 2024
  • 30
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • rims crmp complete study guide 1 analyze the bu

Written for

  • RIMS-CRMP
  • RIMS-CRMP

Seller

avatar-seller
Wisdoms

Reviews received

Content preview

RIMS - CRMP Complete Study Guide; 1 Analyze the
Business Model, 2 Developing Organizational Risk
Strategies, 3 RIMS CRMP-Implementing the Risk Process,
4 Developing Organizational Risk Management
Competency, 5 Supporting Decision Making, Complete
And Alre.




Risks I- Icorrect IAnswers I✔✔ I-The Ieffect Iof Iuncertainty Ion Iobjectives

The Ichance Iof Isomething Ihappening Ithat Iwill Ihave Ian Iimpact Ion Iobjectives

Being Iprepared Ifor Ithe Iworst Iand Ibeing Ipoised Ito Iexploit Iopportunities Ias Ithey Iare Idiscovered

Enterprise IRisk IManagement I- Icorrect IAnswers I✔✔ I-A Istrategic Ibusiness Idiscipline Ithat Isupports
Ithe Iachievement Iof Ian Iorganization's Iobjectives Iby Iaddressing Ithe Ifull Ispectrum Iof Iits Irisks Iand
Imanaging Ithe Icombined Iimpact Iof Ithose Irisks Ias Ian Iinterrelated Irisk Iportfolio.

Support IFunction: IBusiness Icontinuity Iand Icrisis Imanagement I- Icorrect IAnswers I✔✔ I-Risk
Iidentification, Iassessment Iand Icreation Iof Iemergency Iresponse Iand Irecovery Iplans Irelated Ito
Ithreats Ior Ihazards Ithat Imight Ilead Ito Ioperational Idisruptions

Analysis I- Icorrect IAnswers I✔✔ I-A Isystematic Iexamination Iand Ievaluation Iof Idata Ior Iinformation
Iby Ibreaking Iit Iinto Iits Icomponent Iparts Ito Iuncover Itheir Irelationships. IAn Iexamination Iof Idata
Iand Ifacts Ito Iuncover Iand Iunderstand Icause-effect Irelationships, Ithus Iproviding Ibasis Ifor Iproblem
Isolving Iand Idecision Imaking.

To Iembed Irisk Imanagement Iin Iboth Iroutine Iand Istrategic Idecision, Iwhat Ishould Imanagers Ibe
Iable Ito Irecognize? I- Icorrect IAnswers I✔✔ I-The Itype Iof Idecision Ibeing Imade; IWho Ishould Ibe
Iincluded Iin Ithe Idecision Imaking Iprocess; IWhere Iin Ithe Iprocess Idecisions Iare Ibeing Imade

Risk Imanagement Istrategies' Igeneral Ifocus I- Icorrect IAnswers I✔✔ I-Meeting Ior Iexceeding Ian
Iorganization's Iobjectives

Adhering Ito Icontrol-based Iobjectives, Irules Iand/or Icontrols

,Complying Iwith Iregulatory Irequirements

Support IFunction: IInternal IAudit I- Icorrect IAnswers I✔✔ I-Risk Iidentification, Iassessment Iand
Itreatment Ithrough Iaudit Iplans Iwith Ifocus Ion Ifraud, Icorruption, Iregulatory Inoncompliance Iand/or
Imisrepresentation Irelated Ito Ithe Iorganization's Iinternal Icontrol Isystems, Ifinancial Ioperations,
Ifinancial Istatements Iand Ireporting Ias Iwell Ias Ienterprise Irisk Iand Ithe Iorganization's Irisk
Imanagement Iframework Iand Iprocess.

What Isteps Ican Ithe Irisk Imanagement Iprofessional Itake Ito Iembed Irisk Imanagement Iin Idecision
Imaking? I- Icorrect IAnswers I✔✔ I-Include Irisk Iassessment Iin Iplanning Iprocess; ILeverage Icross-
functional Irisk Iassessment Iteam Iand Isubject Imatter Iexperts Ito Iidentify Ienterprise Irisks; IConsider
Icascading Iand Icumulative Ieffects

Gap IAnalysis I- Icorrect IAnswers I✔✔ I-Technique Ithat Ican Ibe Iused Ito Idetermine Iwhat Isteps
Imight Ineed Ito Ibe Itaken Ito Iimprove Ithe Iorganization's Icapacity Ito Imove Ifrom Ia Icurrent Istate
Ito Ia Idesired Ifuture Istate.

Risk Iappetite I- Icorrect IAnswers I✔✔ I-The Itotal Iexposed Iamount Ithat Ian Iorganization Iwishes Ito
Iundertake Ion Ithe Ibasis Iof Irisk-return Itrade-offs Ifor Ione Ior Imore Idesire Iand Iexpected Ioutcomes.

Communication Iand IConsultation I- Icorrect IAnswers I✔✔ I-Risk Imanagement Iprofessional's Irole Iin
IImplementing IRisk IStrategies

Support IFunction: ILegal I- Icorrect IAnswers I✔✔ I-Risk Iidentification, Iassessment Iand Itreatment Iof
Irisks Irelated Ito Ithe Iobligation Ian Iorganization Iundertakes Iand Itransfers Ithrough Icontracting, Ias
Iwell Ias Iits Icompliance Iwith Iapplicable Ilaws Iand Iregulatory Iobligations.

What Iare Ithe Itypical Ifailures Iin Irisk Imanagement Iwhich Ican Ibe Iavoided Iif Iit Iis Iembedded Iin
Ithe Idecision Imaking Iprocess? I- Icorrect IAnswers I✔✔ I-Program Inot Iintegrated Iinto Istrategy Ior
Iits Iexecution; IFocused Ion Ithe Iwrong Irisks; INot Iexecuted Iin Ia Irepeatable Iprocess; IRisk
Imanagement Iis Ipracticed Iin Ia Isilo; IActivity Inot Iviewed Ias Ibeing Ivalue Iadded

Strategic IPlan I- Icorrect IAnswers I✔✔ I-Determines Ithat Iactions Ithe Iorganization Iwill Itake Iat Iany
Istage Iof Ithe Iplanning Iperiod Ias Icircumstances Ichange.

Risk Iowner I- Icorrect IAnswers I✔✔ I-The Iindividual Iwho Iis Iultimately Iaccountable Ifor Iensuring
Ithat Irisk Iis Imanaged Iappropriately, Iincluding Ithe Iimplementation Iof Iselected Iresponses.

Risk IIdentification IProcess I- Icorrect IAnswers I✔✔ I-Finding, IRecognizing Iand IRecording IRisks

Support IFunction: ICompliance I- Icorrect IAnswers I✔✔ I-Risk Iidentification, Iassessment Iand
Itreatment Iof Irisk Irelated Ito Iregulations Ithat Imay Iaffect Ithe Iorganization's Iability Ito Ioperate Iin
Iits Irespective Ijurisdictions, Ias Iwell Ias Iactivities Ithat Ifall Iwithin Iits Icompliance Iand Iethics
Iprograms.

, To Isuccessfully Iintegrate Irisk Imanagement Iinto Idecision Imaking, Irisk Imanagement Iprofessionals
Iwill Irely Ion Istrategies Ithat Idraw Ion Ipersonal Iand Itechnical Iskills Iin I- Icorrect IAnswers I✔✔ I-
Building Iorganizational Iawareness; I. IDifferentiating Ithe Idifferent Itypes Iof Idecisions Iused Iin
Ivarying Isituations Iusing Ielements Iof Idecision Iquality; IPerforming Ivarious Iroles Iin Ithe Itaking Irisk
Iinto Iaccount Iin Idecision-making Iprocess

Strategy I- Icorrect IAnswers I✔✔ I-A Icomplete Iplan Iof Iaction Ifor Iwhatever Isituations Imight Iarise
Iin Iachieving Ian Iorganization's Igoals Iwithin Ithe Iestablished Itime.

Risk Itolerance I- Icorrect IAnswers I✔✔ I-The Iamount Iof Iuncertainty Ian Iorganization Iis Iprepared Ito
Iaccept Iin Itotal Ior Imore Inarrowly Iwithin Ia Icertain Ibusiness Iunit, Ia Iparticular Irisk Icategory Ior Ifor
Ia Ispecific Iinitiative.

Strategic IRisk IManagement I- Icorrect IAnswers I✔✔ I-A Ibusiness Idiscipline Ithat Idrives Ideliberation
Iand Iaction Iregarding Iuncertainties Iand Iuntapped Iopportunities Ithat Iaffect Ian Iorganization's
Istrategy Iand Istrategic Iexecution.

Value IChain I- Icorrect IAnswers I✔✔ I-The Iseries Iof Ifunctions, Iprocesses, Imaterials Iand Iactivities
I(inputs) Ifrom Iconcept Ito Ithe Ieventual Iend Iuser Ithat Icreates Iand Ibuilds Ivalue Iat Ievery Istep Iin
Iorder Ito Ideliver Ia Iproduct Ior Iservice.

To Ibuild Iorganizational Iawareness, Ithe Irisk Imanagement Iprofessional Ineeds Ito Ido Ithe Ifollowing:
I- Icorrect IAnswers I✔✔ I-Be Ia Ipersuasive Icommunicator Iand Ifacilitator; IHave Ia Iclear
Icommunication Iplan; IEngage Iinterested Iparties, Iincluding Iprimary Iand Isecondary Iaudiences;
IDemonstrate Ithat Irisk Imanagement Icreates Ithe Imost Ivalue I; IDevelop Ifeedback Iloops Ifor
Icontinuous Ilearning

Risk IAnalysis I- Icorrect IAnswers I✔✔ I-The Iprocess Iof Icharacterizing Iand Iunderstanding Ithe Inature
Iof Irisk Iand Iof Iconsidering Ithe Ilevel Iof Irisk Iin Ithe Icontext Iof Ithe Iorganization's Iwillingness Ito
Iaccept Irisk.

Support IFunction: ISafety I- Icorrect IAnswers I✔✔ I-Risk Iidentification, Iassessment Iand Itreatment Iof
Irisks Ifocused Ion Ipreserving Ithe Iphysical Iwell-being Iof Iemployees Iand Ithird Iparties.

Likelihood, IConsequences, Iother Icriteria Isuch Ias Itiming, Iduration, Ivulnerability Iand
Iinterdependencies I- Icorrect IAnswers I✔✔ I-Risk Iis Itypically Ianalyzed Ion Ithe Ibasis Iof

Support IFunction: IInformation ISecurity I- Icorrect IAnswers I✔✔ I-Risk IIdentification, Iassessment
Iand Itreatment Iof Irisk Iarising Iour Iof Ior Iaffecting Iinformation Iand Itechnology Iinfrastructure.

To Ibuild Iorganizational Iawareness, Irisk Imanagement Icreates Ithe Imost Ivalue Iwhen I- Icorrect
IAnswers I✔✔ I-Risk Imanagement IAligns Iwith Istrategic Igoals; ITakes Icorporate Iculture Iinto
Iaccount; IInvolves Ikey Ienterprise Ifunctions

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Wisdoms. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $21.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79976 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$21.99
  • (0)
  Add to cart