Introduction to Risk Management at ABGRXI International Seminar
This seminar by FUNDALARYS delves into risk management concepts, processes, and objectives like strategic planning, with discussions on risk sources within organizations and the external environment. The session features insights from Javier Mirabal, Executive Director of FUNDALARYS, Sao Paulo, Brazil.
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ABGR XI International Risk management and Insurance Seminar Introduction to Risk Management ALARYS Latin American Risk Management Foundation (FUNDALARYS) Javier Mirabal, Eng, ARM, AIRM, RF FUNDALARYS- Executive Director Sao Paulo-Brasil October 26, 2015
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http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg 3 Time Objectives to achieve (strategic, operational, etc.) 2 1 Planning (strategic, operational, etc.) 0
http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg Risk (ISO GUIDE 73:2009, Risk Management - Vocabulary) Effect of uncertainty on objectives
http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg 3 Time Objectives to achieve (strategic, operational, etc.) 2 Risks 1 Planning (strategic, operational, etc.) 0
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http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg 3 Time Objectives to achieve (strategic, operational, etc.) 2 Risk Management 1 Planning (strategic, operational, etc.) 0
http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg Risk Management (ISO GUIDE 73:2009, Risk Management - Vocabulary) Coordinated activities to direct and control an organization with regard to risk
http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg Risk Management Criteria: Risk Appetite Criteria: Risk Tolerance
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http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg Risk Management Criteria: Risk Appetite Criteria: Risk Tolerance
http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg Risk Transformation Inherent Risk Residual Risk (criteria: Risk Appetite & Risk Tolerance)
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http://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpghttp://www.martinsaphug.com/wp-content/uploads/2010/07/Latin-America-Political-Map.jpg ISO 31000: 2009 Risk Management Principles and guidelines Principles Framework Risk Management Process Mandate and commitment Establishing the context Monitoringand Review Communication and Design of framework for managing risk Risk assessment Risk Management Principles consultation Risk identification Implementing risk management Continual improvement of the framework Risk analysis Risk evaluation Monitoring and review of the framework Risk treatment 22 22 TGS DOC ID# TGS DOC ID#
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