Walkthrough Flashcards
1
Q
Name the Principles of MoR
A
- Aligns with objectives
- Fits the context
- Engages stakeholders
- Provides clear guidance
- Informs decision making
- Facilitates continuous improvement
- Create supportive culture
- Achieves measurable value
2
Q
Name the barriers to successful risk management implementation
A
- Organisation lacks the appreciation
- Immature practices
- Lack of resources and time
- Lack of policies, processes, strategies and plans
- Lack of senior risk ownership
- Lack of guidance for managers and staff
- Lack of training, knowledge tools & techniques
3
Q
Opportunities to support Risk Management
A
- Changes to organisational structure or personnel
- Change management activities are undertaken
- New or changing standards are introduced
- Whenever something unexpected occurs or fails
4
Q
Name the Perspectives of Risk Management
A
- Strategic Risks
- Programme Risks
- Operational Risks
- Project Risks
5
Q
4 Core concepts of Risk Management Framework
A
- Principles
- Approach
- Process
- Embedded and reviewing
6
Q
Name the documentation within Risk Management Approach
A
- Policy
- Process Guide
- Strategy
