Inherent Risk – Is it useful?

The ISO 31000:2009 standard does not refer to “inherent” risk. Is this a deliberate omission and if so, what is the reason? This leads to the ... Read more

The Scoring of Residual Risk

We previously discussed the pros and cons of identifying and assessing the level of inherent risk. This article assumes that inherent risk is used ... Read more

Can Residual Risk Be Higher Than Inherent Risk?

  For those that adopt inherent risk in their risk assessment process, there is general recognition that inherent and residual risk are connected in ... Read more

Featured Articles

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Managing Risk and Compliance in a COVID-19 World

This is the time for a well-developed, well-embedded and well-operated enterprise risk management framework and processes. It is not a time to throw away risk management thinking. It is a time to bring it into action.
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Redefining Risk - Never Look at Risk the Same Way Again

What was once a backstage concern must now play a leading role. The reality is, if you want to be better as a company, you need to get better at taking risks.

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