Risk Categories

As the risk environment is so varied and complex it is useful to group potential events into risk categories to get a more manageable risk register with greater possibility to overview risks.  By aggregating events horizontally across an institution and vertically within operational units, Management develops an understanding of the interrelationship between events, gaining enhanced information as a basis for risk assessment. It is easier to get an overview of a large number of risks if they are grouped

Source
National Treasury: Republic of South Africa
Length of Resource
5 pages
Author
National Treasury: Republic of South Africa
Publication Type
article
Resource Type
academic

ResourceID: 72999

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