Sunday, February 08, 2009

Frame Work Risk Management

As a process, framework for Risk Management is basically divided into three phases of work:
1. Risk Identification
Risk identification is the process of introducing a series of carefully on the risks and the inherent risk component in a transaction or activity that is directed to the measurement process and the appropriate risk management. Risk identification is the foundation where the other stages in the process of Risk Management, was built.
2. Measuring Risk
Risk measurement is a series of processes with the aim to understand the significance of which will be incurred as a result of a risk, both individual and portfolio, the level of health and business. An accurate understanding of the significance will be the basis for the effective management and successful risiyang order.
3. Risk management
Risk management is essentially a series of processes to minimize the level of risk faced up to the limit that can be received. The quantitative measures to minimize the risk of this is done by applying langkahlangkah directed decrease in the (number) measure the results obtained from the process of measuring risk.

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