ABSTRACT

Ensuring that Risk Management Process Supports the Organization Risk management ensures the continuing security of any business operation. It is essentially built around information and discrete controls. In eect, risk management gathers and utilizes information from all environmental and internal sources, in order to mitigate current risk and decrease the possibility of encountering future risks. at information gathering activity is aided by a set of formal processes and technologies. However, at its core, a successful risk management function depends

on the ability to make certain that the knowledge that risk management acquires is incorporated as quickly and eciently as possible into the organization’s substantive business activities. at is the control part.