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Part 1

Risk management can be thought of as a strategic process in organizations. Reflect on how you think risk management contributes to conducting business more effectively.

Entry must be at least 200 words. No references or citations are necessary

Part 2

Using the textbook required reading and the Unit I Lesson, please answer the following questions:

  • What is risk management?
  • What are the benefits an organization can receive from the adoption of a risk management program?
  • Describe the risk management process.
  • What roles do security and capacity play within the risk management process?
  • What is the purpose of a risk management methodology?
  • Describe the various risk management methodologies used for risk assessment.

Write a paper consisting of at least two pages in APA format. You may also use outside sources. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

Newsome, B. (2014). A practical introduction to security and risk management. Thousand Oaks, CA: Sage

 

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