Month: March 2022

Allocation of responsibilities for managing the risk. Identifying resources required to mitigate the risk. Develop action plans including resource budget and timescale. Obtain management approval for risk mitigation plan. Obtain shareholder acceptance and coordinated effort for the risk mitigation plan. Read More …

This is the formulation of a chosen approach/plan to deal with identified risks. Managers formulate strategies using risk management cycle and selecting the most appropriate risk mitigation options. The 4-Ts of risk 1. Tolerate – Accepting the risk. This is Read More …

Credit reports contain information about your payment history, loans, current debt, and other financial information. They show where your business address and if you’ve been sued or filed for bankruptcy. Credit reports help lenders decide whether or not to extend Read More …

MDC6206  ADVANCED TELECOMMUNICATION KCA Past Paper MDCN, MISM,MDA5401    RESEARCH METHODOLOGY ADVANCED RESEARCH METHODS KCA Past Paper MDCN5102  EMERGING TECHNOLOGIES IN ICT KCA Past Paper MISM 5201  DATABASE INTEGRATION AND E-COMMERCE KCA Past Paper MISM5104  MDA5104  OBJECT ORIENTED TECHNOLOGIES KCA Past Read More …

Compliance – Reacting to externally imposed corporate governance guidelines that concern risk identification, disclosure, management, and monitoring. Defense – Anticipating problems before they threaten the company‘s strategic objectives. This is largely avoiding unknown issues that could undermine company progress. Coordination/Integration Read More …

Insurance policies, specifically gaps and weaknesses Unique, business-specific risk exposures Past losses — Are reserves sufficient? Premiums — Are they competitive when benchmarked against competitors’ rates? Best practices — What is the organization currently doing to minimize risk? Contracts — Read More …

MDA 5202 – MACHINE LEARNING KCA Masters Past Papers MDA 5203  MISM 5203 – DECISION SUPPORT SYSTEMS KCA Masters Past Papers MDA 5204 – CURRENT ADVANCES IN DATABASES KCA Masters Past Papers MDA 5301 – LOGIC, SENSE MAKINGBUSINESS INTELLIGENCE KCA Read More …

This is the first step in developing a comprehensive risk management program. The RMA identifies, analyses, and reports on an organization‘s material risk exposures. It provides a multi-dimensional view of risk, taking into account organization-wide enterprise risks and specific insurance-related Read More …

You can limit the impact of supply chain disruptions by identifying the risks within your supply chain and developing ways to mitigate them. You should document this process in a risk management plan, which is part of your overall business Read More …

Although prevention and being prepared go a long way toward ensuring supply chain continuity, disruptions can still occur. Creating an incident response plan will allow you to effectively manage your business’s immediate response if your supply chain is disrupted. It’s Read More …