BBMF 3073: Risk Management Assignment, UTAR, Malaysia Risk Management analysis is the discipline of identifying business risk and determining solutions to business risk
University | Universiti Tunku Abdul Rahman (UTAR) |
Subject | BBMF 3073: Risk Management |
Question
Risk Management analysis is the discipline of identifying business risk and determining solutions to business risk. Risk analysis as a discipline has a heavy overlap with requirements analysis, sometimes also called requirements engineering but focuses on identifying the changes to an organization that is required to achieve a risk management strategy.
These changes include procedures, structures, policies, processes, and information systems. Solutions often have a systems development component and consist of process improvement, organizational change, strategic planning, and policy development.
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