module 04 discussion risk management techniques
You have been selected as the consultant on a risk-related project for a client. The Chief Risk Officer has asked you to prepare notes on common risk management techniques for business continuity and planning for future projects.
In your initial post, answer these questions.
- How does each technique affect the overall profitability of a company?
- Why is risk identification important to a company? Explain how it factors into the company’s capital budgeting process.