Assignment
1. Sometimes risk workshops generate so many risks that it is not possible to assess all of them, while on other occasions only a small number of risks are identified and indepth assessment is possible. What are the advantages and disadvantages of these two scenarios?
2. How do outcomes, causes, and risks differ, and what are the implications of confusing these?
3. Is the term inherent risk helpful? How could it help and/or hinder the assessment of risk?
4. What are the implications of moving from assessments of predefined sets of risks to using top-down objectives based on the balanced score card approach?
5. Contrast the advantages and disadvantages of using voting technology compared with other approaches such as those described in this case study.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Text Book: IMPLEMENTING ENTERPRISE RISK MANAGEMENT- Case Studies and Best Practices by John R.S. Fraser, Betty J. Simkins and Kristina Narvaez.