| Papers [1-14] of 100 :: [Page 1 of 8] | | Go to page : 1 2 3 4 5 6 7 8 —> | Search results on "INTERNATIONAL RISK MANAGEMENT": |
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Risk Management and Risk Assessment, 2008.
An analysis of nine websites and their understanding of risk management and assessment.
1,192 words (approx. 4.8 pages), 9 sources, MLA, £ 28.95
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Abstract
This paper defines risk management and assessment and discusses their importance to corporations and the public. The paper then focuses on effective risk management tools. It describes three websites and discusses their understanding of risk management. The paper also discusses specific websites that do not display a thorough understanding of risk management and assessment.
From the Paper
"Risk management needs to be understood from a variety of angles. Firstly, risk should be defined for its nature and effect upon not only the company, but also all possible stakeholders. Risk management procedures exist to protect both the workplace, the workforce, or the public. Risk to the corporation is anything endangering the vision, mission and profitability of the company. Secondly, risk to the workforce entails those risks that may result in injury or death to the employee, or that may lead to health or other physical hazards. Employees may also incur risks from non-physical sources such as long work hours or a highly stressful job situation, which could be brought about by a variety of factors. Thirdly, risks can also be posed to the public, in terms of health, safety and financial well-being. A gas company may for example risk the health of the surrounding population by exceeding legally allowed gas emissions."
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Risk Management in Project Management, 2005.
Examines the benefits of risk management in business.
920 words (approx. 3.7 pages), 3 sources, APA, £ 22.95
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Abstract
This paper discusses whether it is worth expending the time and money to build strategies for dealing with unforeseen risk into a management plan and how risk mitigation can be incorporated into the project planning process. It looks at how formal risk monitoring can save a project when end users fail to engage.
From the Paper
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Interest Rate Risk Management, 2008.
An analysis of interest rate risk management as a tool for understanding how organizations approach risk management.
1,324 words (approx. 5.3 pages), 1 source, APA, £ 31.95
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Abstract
This paper provides an overview and analysis of interest rate risk (IRR)management using the Federal Reserve Bank of San Francisco's (2004) Economic Letter. It looks at IRR management as a tool for understanding how organizations approach risk management and why risk management and interest rate is so important to a financial institution's ability to conduct business. The paper also reviews the impact of global policies and regulatory procedures on interest risk management and ascertains whether such measures are possible and whether such measures would prove beneficial for banks and other financial institutions throughout the world.
Table of Contents:
Introduction
Interest Rate Risk
Mitigating Interest Rate Risk
Universal Guidelines for Risk Management
Efficacy and Analysis
Conclusions
From the Paper
"While there is no way to control economic upswings or downturns in many cases, banks can do much to help protect their assets and limit interest rate risk through proper management. This can be accomplished through global and regional guidelines, and even guidelines established within specific banking institutions. Oversight by a board of directors and senior management team, combined with the approval of the public, may result in greater efficiency and better universal management of risk. Most banks have the resources to adopt a policy such as this with minimal investment of time. In the interests of reducing interest rate risk, most banks should at the very least attempt the policies and procedures offered in this analysis, and assess what if any positive changes result."
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Insurance Risk Management, 2008.
A review of seven ways to deal with risk management.
1,888 words (approx. 7.6 pages), 7 sources, APA, £ 42.95
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Abstract
The paper defines "risk management" and examines seven ways to deal with risk and outlines the components of a risk management process for any given organization. The paper describes and explains a risk management process to individuals possessing no prior knowledge of the process.
Outline:
Objective
Introduction
Risk Management Defined
Components of Risk Management
Risk Management Scenario for a Public Library
From the Paper
"The work entitled: "The Owner's Role in Project Risk Management" states that the "ultimate purpose of risk identification and analysis is to prepare for risk mitigation. Mitigation includes reduction of the likelihood that a risk event will occur and/or reduction of the effect of a risk event if it does occur." (Committee for Oversight and Assessment of U.S. Department of Energy Project Management, National Research Council, 2005) Risk mitigation plans include characterization of the "root causes of risks that have been identified and quantified in earlier phases of the risk management process." (Committee for Oversight and Assessment of U.S. Department of Energy Project Management, National Research Council, 2005) Further, evaluation of the risk interactions and common causes is an important part of risk management strategy. Third, identification of alternative mitigation strategies, methods and tools is critical in risk mitigation. Fourth, it is important to make an assessment and prioritize mitigations alternatives." (Committee for Oversight and Assessment of U.S. Department of Energy Project Management, National Research Council, 2005) Fifth, selection and commitment of the required resources for specific mitigation of risk alternatives is necessary. (Committee for Oversight and Assessment of U.S. Department of Energy Project Management, National Research Council, 2005) Last of all, it is important to "communicate planning results to all project participants for implementation."
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Portfolio Risk Management, 2005.
A discussion of portfolio risk management techniques used by risk managers.
1,322 words (approx. 5.3 pages), 8 sources, MLA, £ 31.95
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Abstract
This paper discusses and analyzes portfolio risk management techniques such as performance analysis, value-at-risk models, stress testing, Monte Carlo simulation and heuristic controls. Included in the discussion of each technique is a look at their strength and weaknesses.
Table of Contents
Performance Analysis
Value-at-Risk (VaR) Model
Stress Testing
Monte Carlo Simulation
Heuristic Controls
Conclusion
From the Paper
"In today's competitive banking environment, an important challenge is to ensure adequate diversification of revenue sources across products, market segments and market and credit risks (Sturzinger). Banks must assess their risk appetite and risk capacity as basic components of the budgeting and planning processes and identify their vulnerabilities through risk management techniques."
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Risk Management Techniques, 2006.
An in-depth look at the use of futures and options as risk management techniques.
5,400 words (approx. 21.6 pages), 56 sources, MLA, £ 93.95
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Abstract
This paper reviews the history of risk management techniques and goes on to discuss the risk management techniques of today. The paper then takes a look at the distinction between forward contracts and futures, discussing the various advantages and disadvantages, hedging techniques, trading of futures and options, and risk exposure.
Outline:
Brief History of the Evolution of Futures and Options
Difference between Forward Contracts and Futures and the Limitations of Forward Contracts in Risk Management
Advantages and Disadvantages of Using Futures and Options as Risk Management Tools
Futures as a Hedging Technique in Different Industries - Farmers, Agriculture, etc.
Trading Futures and Options
Differences between Hedgers and Speculators
Different Types of Options -Straddle, Strangles, Exotic, etc.
The Possibility of Buying and Selling Weather Derivatives and How This Help Certain Industries Reduce Their Risk Exposure
From the Paper
"Disadvantages of Options. Just like futures, options involve risk of loss and may not be suitable for use by everyone. A wise analysis of its response in the market performance is a must. Trading futures and options involve basis risk. This kind of risk can only be eliminated by incurring marginal transaction costs such as broker's fees, opportunity costs, hidden costs of illiquidity, and learning costs. However, these costs of trading options are much higher in percentage basis as compared to trading the underlying stocks, which may lead to exhaustion of profits. Since options can be traded in any underlying stocks, it becomes complex and would require maintenance otherwise it may cause difficulty in trading. Due to poor liquidity, there is a risk not to recover an investment in buying or selling options in a stock for speculative gain. A higher amount of premium may be required because of uncertainty in the cash market, thus will render hedging of the option more difficult. It is also very explicit that options are time-sensitive, thus, there is a possibility that it may expire worthless. There is also a tendency that the buyer may lose the entire premium since options are wasting asset if it still remains out-of-money until the expiration date. Like futures, the seller has to face the risk of being assigned exercise in random by the stock exchange."
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Measurement of Risk Management, 2006.
This paper discusses and explains the various theories and benefits of short and long-term risk management.
1,660 words (approx. 6.6 pages), 5 sources, APA, £ 37.95
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Abstract
The author of this paper examines both the outdated and current methods used in measuring the costs and benefits of short and long-term risk management. This paper explores current examples of the advantages of risk management by analyzing TennCare, a privatized medical program instituted in Tennessee which replaced the federal Medicaid system and proved to be successful, resulting in at least 22 other states adopting similar programs while being studied by many more as a model of risk management, both short-term and long-term.
Topics covered in this report include:
Thesis Statement
The TennCare System
Current State of Risk Management in Light of the Example
Bibliography
From the Paper
"An example of one of the early results of this Risk Management approach became apparent rather quickly after initiation of the program. In Tennessee, as in other states, any indigent person can walk into an Emergency Room and expect to receive medical care for whatever problem confronting them regardless of one's ability to pay for such services. This is an expensive and wasteful use of vital resources. It, in Tennessee, too was the mainline of funding for many of the smaller and rural hospitals scattered throughout the state."
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Case Study: Pfizer Enterprise Risk Management, 2008.
Looks at enterprise risk management (ERM) at Pfizer from the viewpoint of the Sarbanes-Oxley financial reporting requirements.
1,185 words (approx. 4.7 pages), 6 sources, APA, £ 28.95
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Abstract
This paper discusses enterprise risk management from the viewpoint of new financial reporting requirements in the corporate world, specifically those associated with Sarbanes-Oxley legislation in the United States. Additionally, this brief implementation plan discusses enterprise risk management from the perspective of a single company: Pfizer. Pfizer scale and scope of operations ensures that it requires the most comprehensive of plans. Additionally, the particular enterprise risk management planning strategy employed is the COSO framework.
Table of Contents:
Abstract
Company Overview
COSO and Sarbanes Oxley
COSO
Sarbanes-Oxley
Implementation Framework
Control Environment
Risk Assessment
Control Activities
Information and Communication
Monitoring
From the Paper
"Pfizer's executive leadership should identify financial reporting objectives with sufficient clarity and specificity to enable the identification of risks to reliable financial reporting. Pfizer should identify and analyze risks that are associated with preventing the achievement of financial reporting objectives as a basis for determining how the risks should be managed. The potential for possible financial misstatement due to fraudulent reporting should be incorporated when assessing risks to the achievement of financial reporting objectives with the company."
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Risk Management, 2007.
This paper looks at the role of risk management in justice and security organizations.
818 words (approx. 3.3 pages), 3 sources, MLA, £ 20.95
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Abstract
In this article, the writer discusses that risk management may very well be the most under-appreciated aspect of administering any law enforcement organization. The writer looks at the role risk management plays in federal, state and local law enforcement and in security organizations in general. The paper illustrates how proper risk management is arguably the most important thing these organizations do on a daily basis and how much of what they do in this regard can be broken down into a simple mathematical formula that weighs risks, possible damages, and asset values. The writer notes that these are all with the aim of coming up with a system of defense that limits the ability of criminal elements to destroy property or endanger lives.
From the Paper
"Because they must also deal with the public in tense situations, and because they are likewise responsible for protecting physical and human assets, security agencies also must concentrate their daily activities and long and medium-range plans around risk management. While the ARM formula appears to be something most often associated with police departments, security agencies obviously can apply this approach to their own work and this will greatly determine which assets will receive the greatest attention and where human resources will be allocated; it will also be used to tailor training programs so as to produce employees capable of meeting the most pressing and likely scenarios."
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Project Risk Management, 2008.
An analysis of the importance of project risk management within the realm of information technology (IT).
2,715 words (approx. 10.9 pages), 11 sources, APA, £ 57.95
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Abstract
This paper discusses project risk management, particularly in the area of information technology (IT). It discusses the importance of project risk management to the development of profitability, especially in large scale production. It also describes the importance of accurate timelines and of research and development in the realm of IT. Finally, the paper looks at budget, support and end usability.
Table of Contents:
Introduction
Project Risk Management in IT
Timelines
Aspect of Research and Development
Budget
Needs of Project
Needed Infrastructural Change
Support
Security
End Usability
Conclusion
From the Paper
"PRM in IT is specialized, and yet similar to other types of PRM. The development of information technology has in fact spurned the development of project risk management, as central core brain-like understanding of processes was not possible before the development of information technology and the success of its practitioners. As more and more people become aware of the fact that IT can create a program that will do anything, as long as it is aware of what is needed from the start, IT will become more essential to the development of project based management. Interestingly PRM has then been turned full fold upon the IT itself, as users begin to develop broader understanding of the possibilities and limitations of programs and programmers. PRM is then an integral aspect of planning and implementation for IT projects that refers to scope, schedule, resources and cost, (Thorn, 2001, p. 4) in such a way that the end product fits the needs of the organization, is supported and well utilized by it and meets all or most the planning goals of PRM."
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Enterprise Risk Management, 2008.
A plan to implement enterprise risk management in a local hospital's emergency room based on the Committee of Sponsorship Organizations of the Treadway Commission (COSO) recommendations.
2,181 words (approx. 8.7 pages), 3 sources, APA, £ 48.95
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Abstract
The paper outlines all the 'best practices' presented by the Committee of Sponsorship Organizations of the Treadway Commission (COSO) framework with applicability to the hospital setting. The paper incorporates the key concepts of the COSO recommendations within its plan. The paper aims to integrate the COSO recommendations' operational aspects into the Suburban Hospital Emergency Room model.
Outline:
Introduction
Risk Management at Suburban Hospital - A General Outline
Enterprise Risk Management Proposal - Why Incorporate COSO Recommendations?
Internal Control and Objective Setting
Event Identification, Risk Assessment and Response
Control Activities, Information and Communication, and Monitoring
Implementation/Scheduling: Integrating the COSO Recommendations in Suburban Hospital Current Structure
Conclusion
From the Paper
"The Committee of Sponsorship Organizations of the Treadway Commission (COSO) was formed in 1985 so as to identify and make recommendations to reduce the incidences of fraudulent financial reporting. COSO has used commonality as it relates to definitions surrounding internal controls, standards, and the assessment of control systems. In 2004, the COSO presented an expansion of the initial framework and augmented the structure to include eight more components. This change in structure was published as the Enterprise Risk Management - Integrated Framework."
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Risk Management in Health Care, 2005.
Examines how risk management is applied to the health care industry.
4,500 words (approx. 18.0 pages), 14 sources, £ 126.95
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Abstract
This paper discusses risk management first as a concept and then as applied to health care in the United States, noting that any human action involves a degree of risk, and managing that risk begins with identifying what the risk may be in each case. The paper shows that once this has been done, the next task involves deciding what to do about it, through a process of risk mitigation or risk reduction.
From the Paper
"Risk is a condition of life and is noted and measured and addressed in all human endeavors. Risk is encountered in financial matters, health matters, safety issues, the workplace, the home, and so on. Risk cannot always be predicted precisely, but risk management is an effort to ascertain risks and to prepare for them in whatever field in which it is applied. Any human action involves a degree of risk, and managing that risk begins with identifying what the risk may be in each case. Once this has been done, the next task involves deciding what to do about it, through a process of risk mitigation or risk reduction. The risk may also be transferred, such as takes place when a person or company buys insurance, an act which does not prevent the harmful outcome but which does compensate for it."
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OFA and Risk Management, 2005.
This paper examines the Ontario Financing Authority (OFA) financial risk management strategies.
3,825 words (approx. 15.3 pages), 15 sources, £ 107.95
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Abstract
This paper discusses the Ontario Financing Authority's (OFA) financial risk management program. Various risks are discussed and analyzed including liquidity risks, foreign currency exchange rate risks, debt maturity rate risks, and interest rate risks. The writer points out that in order to mitigate the financial risks inherent in a large and diversified debt portfolio, it is important for the province to maintain prudent risk management policies and practices.
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Risk Management and a Music Festival, 2007.
An analysis of corporate risk management of a pop music festival.
2,987 words (approx. 11.9 pages), 2 sources, APA, £ 62.95
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Abstract
This paper analyzes the risks involved in a municipality sponsoring a pop concert. It is organized into three parts in order to describe the precise risks and necessary management measures involved. Firstly, the precise details of the risks are described. Secondly, a plan is described for the mitigation of risks before, during and after the event. Thirdly, conclusions and recommendations are offered in terms of risk management.
Outline:
Introduction
Corporate Risks
Program of Action
Before the Event
During the Event
After the Event
Conclusions and Recommendations
From the Paper
" During the event, the organizer's reputation may be damaged by a number of factors associated with the nature of the event and its attendees. The noise level may for example damage the reputation of the organizers in terms of maintaining the peace in the neighborhood. Because a large number of attendees are expected, it is also expected that the music presentations will have to be loud in order to be audible to the entire crowd. Furthermore, it is also expected that the crowd will produce a high level of noise. This could be perceived as a bad influence on the community and carry with it an unfavorable impression in the eyes of the community."
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