TRACK 3 : RISK MANAGEMENT

Risk management is the process of identifying, assessing and controlling financial, legal, strategic and security risks to an organization's capital and earnings. After completing this video, you will be able:1. Use key performance indicators (KPIs), key risk indicators (KRIs) and key control indicators (KCIs) to measure risk.2. Outline how risk management can improve business operations including minimizing residual risk.