Management of Risk - Guidance for Practitioners: 3rd Edition

Every organization must find the right balance between opportunities and threats in managing its risks. M_o_R takes a best practice approach, which offers a structured and effective framework for risk management. Its aim is to help organizations to achieve their objectives by first identifying the risks, and then choosing the right response to the threats and opportunities that are created by uncertainty. This publication is invaluable across all organizational activities from strategic, programme, project or operational perspectives. Key features: a standard reference for risk management. A framework of best practice principles and concepts drawn from latest experiences and proven practice in risk management. The basis of the examination of individuals to obtain certification to show their level of knowledge and understanding of the content and application of MoR Note: Project Board to advise on whether material in all the Appendices are intended to be examinable.