● Concept of risk, definition of risk management, levels of risk management within
organization, Relationship of risk to possible losses and gains,
● Concept of Risk and Uncertainty & the Sources, Concept of Risk in terms of
Uncertainty, Probability Effect & Outcome, risk and uncertainty:
● Origin of risk, Typical risk Parameter, Steps in Defining and Measuring Risk,
uncertainties, types of uncertainty
● Sources of risk, typical Sources of Risk to Business for projects & products- Project Risk
● Global risk, Elemental Risk, Holistics Risk, Static Risk, Dynamic Risk, Inherent Risk,
Contingent Risk, Customer Risk,
● Fiscal/Regulatory Risk, Purchasing Risk, Reputation/Damage Risk, Organizational
Risk, Interpretation Risk, IT risk, OPEC Risk, Process Risk, Heuristic Risk,
Decommissioning Risk, Institutional Risk
● Supply Chain Risk Management: Defining Enterprise Risk Management & Supply
Chain Risk Management, reasons for focus on Supply Chain Risk Management,
● Some Important Risk Concepts: risk event, Risk Exposure and Vulnerability, Risk
Resilience, Risk Appetite, Risk Analysis or Assessment, Risk Response Plan, Risk
Compliance, Risk Governance,
● Generic Risk Management Approaches: Risk Mitigation, Risk Avoidance, Risk
Prevention, Risk Acceptance, risk sharing, Pillars of Supply Chain Risk Management-
Supply Risk, Process Risk, Demand Risk, Environmental Risk
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● Linking Supply Chain Risk Management and Supply Chain Strategy, Integrating Risk
Management with Commodity Strategy Development,
● Strategic Risk, Hazard Risk- First-Party Commercial Property Insurance- Cargo
Insurance, Cyber Insurance, Financial Risk, Operational Risk- supply & demand risk,
● Integration of ISO 31000:2009 and Supply Chain Risk Management, ISO 31000:2009
● Enterprise and Supply Chain Risk management