This work reflects Paul Hopkin's extensive experience as a risk practitioner, and is of value to all concerned with practical risk management.
Practitioners and students alike will find the combination of erudition, experience, clear summaries and realistic case studies extremely helpful.
IRM Course book Module 1:3.
Author(s): Hopkin, Paul
Published: 2002
Binding: Paperback
ISBN 10: 1856092275 ISBN 13: 9781856092272
PART 1: INTRODUCTION TO RISK 1
1. NatureofRisk
1.1 Definition of Risk
1.1.1 Corporate Objectives
1.1.2 Stakeholder Expectations
1.1.3 Core Processes
1.2. Types of Risk
1.2.1 Hazard Risks
1.2.2 Control Risks
1.2.3 Opportunity Risks
1.3. Risk Exposure
Summary and Review of Chapter 1
Case Study 1: Premiership Football Club – (Part 1)
2. NatureofRiskManagement
2.1. Risk Management Discipline
2.1.1 Recognition of Risks
2.1.2 Ranking of Risks
2.1.3 Reassurance of Control
2.1.4 Response to Significant Risks
2.1.5 Reaction Planning
2.1.6 Reporting and Monitoring
2.1.7 Review of Risk Assurance Management System
2.2. Expectations of Risk Management
2.2.1 Risk Management Activities
2.2.2 Risk Management Outputs
2.2.3 Risk Management Professionals
2.3. Risk Productivity
Summary and Review of Chapter 2
Case Study 2: Theatre – (Part 1)
Part2: RISK MANAGEMENT IN CONTEXT
3. StylesofRiskManagement
3.1. Styles of Risk Management Explained
3.1.1 Hazard Management
3.1.2 Control Management
3.1.3 Opportunity Management
3.2. Risk Management Contribution
3.2.1 Contribution of Hazard Management
3.2.2 Contribution of Control Management
3.2.3 Contribution of Opportunity Management
3.3. Reform to Conform to Perform
Summary and Review of Chapter 3
Case Study 3: Magazine Publisher – (Part 1)
4. EmbeddingRiskManagement
4.1. The Business Cycle
4.1.1 Mission Statement
4.1.2 External Evaluation
4.1.3 Internal Evaluation
4.1.4 Stakeholder Expectations
4.1.6 Core Processes
4.2. Embedding Risk Management
4.2.1 Risk Management and Operations
4.2.2 Risk Management and Project
4.2.3 Risk Management and Strategy 70 4.3. Alignment of Risk Management
Summary and Review of Chapter 4
Case Study 4: Theatre – (Part 2)
Part3: FIRM RISK SCORECARD
5. ClassificationofRisks
5.1 Short, Medium and Long Term Risks
5.1.1 Short Term Risks
5.1.2 Medium Term Risks
5.1.3 Long Term Risks
5.2 FIRM Risk Scorecard
5.2.1 Financial Risks
5.2.2 Infrastructure Risks
5.2.3 Reputational Risks
5.2.4 Marketplace Risks
5.3 Risk Capacity
Summary and Review of Chapter 5
Case Study 5: Personal Risk Profile – (Part 1)
6. IdentificationofSignificantRisks
6.1. Risk Recognition
6.1.1 Corporate Objectives
6.1.2 Stakeholder Expectations
6.1.3 Risk Mapping
6.1.4 Key Dependencies
6.1.5 Top Ten Risks from each Department
6.1.6 CEO Opinion
6.2. Significant Risks
6.2.1 Risk Matrix
6.2.2 Risk Significance
6.2.3 Risk Priorities
6.2.4 Risk Analysis
6.2.5 Risk Register
6.3 Utilising Risk Capacity
Summary and Review of Chapter 6
Case Study 6: Chemical Road Tankers – (Part 1)
Part4: RiskManagementStructure
7. RiskManagementResponsibilities
7.1. Risk Management Structure
7.1.1 Risk Management Policy
7.1.2 Responsibility for Risk Management
7.1.3 Risk Management Committee
7.1.4 Audit Committee
7.2 Risk Guidelines
7.2.1 Risk Assessment
7.2.2 Risk Control
7.2.3 Risk Resourcing
7.2.4 Event Management
7.2.5 Risk Assurance
7.3 Ownership of Risk
Summary and Review of Chapter 7
Case Study 7: Magazine Publisher – (Part 2)
8. RiskandtheRiskManager
8.1. Role of the Risk Manager
8.1.1 Historical Role of the Risk Manager
8.1.2 Developing Role of the Risk Manager
8.1.3 Chief Risk Officer
8.2. Guardian of the RASP
8.2.1 Risk Architecture
8.2.2 Risk Strategy
8.2.3 Risk Protocols
8.3 Barriers to Implementation
Summary and Review of Chapter 8
Case Study 8: Chemical Road Tankers – (Part 2)
Part5: SummaryandReview
9. AchievingRiskProductivity
9.1 Twelve Steps to Risk Productivity
9.1.1 Mission of Organisation
9.1.2 Corporate Objectives
9.1.3 Stakeholders
9.1.4 Stakeholder Expectations
9.1.5 Core Processes
9.1.6 Key Dependencies
9.1.7 Significant Risks
9.1.8 Risk Priorities
9.1.9 Analysis of Significant Risks
9.1.10 Risk Capacity
9.1.11 Response to Significant Risks
9.1.12 Risk Productivity Indicators
9.2 Risk Register
9.3 Risk Assurance Management System
Summary and Review of Chapter 9
Case Study 9: Premiership Football Club – (Part 2)
10. ReviewofKey Messages
10.1 Chapter Messages
10.1.1 Management of Risks in Context
10.1.2 Management of Core Processes
10.1.3 Level of Sophistication
10.1.4 Alignment of Risk Management
10.1.5 FIRM Risk Scorecard
10.1.6 Significant Risks
10.1.7 Risk Guidelines
10.1.8 RASP and the Risk Manager
10.1.9 Risk Productivity Indicators
10.1.10 Risk Capacity
10.2. Risk Management and the Mission
10.2.1 Integrative Risk Management
10.2.2 Holistic Risk Management
10.2.3 Aligned Risk Management
10.2.4 Embedded Risk Management
10.3. Future for Risk Management
Summary and Review of Chapter 10
Case Study 10: Personal Risk Profile – (Part 2)
Appendices
Appendix A: Definitions and Terminology
Appendix B: Consolidated Case Study
1. Outline of Case Study
2. Twelve Steps to Risk Productivity
3. Risk Register
Summary and Review of Case Study
