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:
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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
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