- Book Name: Fundamentals of Risk Management 4th edition by Paul Hopkin
- Author: Paul Hopkin
- Pages: 499
- Size: 6 MB
Fundamentals of Risk Management by Paul Hopkin PDF
Contents of Fundamentals of Risk Management by Paul Hopkin PDF
- Approaches to defining risk
- Impact of risk on organizations
- Types of risks
- Scope of risk management
- Principles and aims of risk management
- Risk management standards 07 Establishing the context
- Enterprise risk management
- Alternative approaches
- Risk assessment considerations
- Risk classification systems
- Risk analysis and evaluation
- Loss control
- Defining the upside of risk
- Tolerate, treat, transfer and terminate
- Risk control techniques
- Insurance and risk transfer
- Business continuity
- Core business processes
- Reputation and the business model
- Risk management context
- Risk management responsibilities
- Control of selected hazard risks
- Risk-aware culture
- Importance of risk appetite
- Risk training and communication
- Risk practitioner competencies
- Corporate governance model
- Stakeholder expectations
- Operational risk management
- Project risk management
- Supply chain management
- Risk assurance techniques
- Internal audit activities
- Reporting on risk management
Preface of Fundamentals of Risk Management by Paul Hopkin PDF
Organizations face an increasingly challenging and complex environment in which to undertake their activities. Since the third edition of this textbook, the consequences of the global financial crisis have continued to challenge public-, private- and third-sector organizations. To add further complexity, the second decade of the 21st century has been marked by political instability in many parts of the world and the recent decision of the United Kingdom to exit the European Union has added further global uncertainty.
It is within this increasingly uncertain environment that organizations are required to deliver higher stakeholder expectations, whilst fulfilling greater corporate governance requirements in relation to ethical and social responsibility. For example, legislation has been introduced in many countries to broaden the scope of requirements regarding management of bribery risk and the avoidance of modern slavery.
Given all these developments, the updating of this textbook to place greater emphasis on the importance of enterprise risk management (ERM) to organizational success is very timely. Successful ERM, including the protection of corporate reputation, continues to be a business imperative for all organizations.
A successful ERM initiative enhances the ability of an organization to achieve objectives and ensure sustainability, based on transparent and ethical behaviours. The Institute of Risk Management (IRM) has long supported the development of ERM, as a contribution to development and delivery of successful business models and strategy for all types of organizations.
The training courses and qualifications offered by the IRM enable risk professionals and others to support their employer and/or clients in achieving maximum benefit from an ERM initiative. Although this textbook has been designed specifically for the IRM International Certificate in Enterprise Risk Management, the contents outline approaches to achieving successful ERM that will support any type of organization in their efforts to deliver corporate objectives and satisfy stakeholder expectations. This textbook is a valuable resource for all organizations and anyone with an interest in risk management.
Ian Livsey PhD MBA
Ian Livsey is Chief Executive at the Institute of Risk Management, risk management’s leading worldwide professional education, training and knowledge body. Further information about the Institute and the International Certificate is available from the IRM website, www.theirm.org.
Fundamentals of risk management by paul hopkin pdf.