Evaluation and assessing probability of management risk, Financial Management

Assignment Help:

Evaluation:

Once all the possible events are identified, the next step in the risk management process is to evaluate the events. As stated previously, the evaluation process would determine the probability of the particular event occurring against the impact the event would have on the business if the event were to occur.

Assessing Probability:

 When assessing probability of particular events occurring, a useful basis is the classification of probability into categories. 

A method of doing would be as follows:

Level

Descriptor

Description

1

Rare

May occur only in exceptional circumstances

2

Unlikely

Could occur at some time

3

Possible

Might occur at some time

4

Likely

Will probably occur at some time

5

Almost Certain

Is expected to occur in most circumstances



Related Discussions:- Evaluation and assessing probability of management risk

Financial Analysis Management, I need this in the next 24 hours urgently. I...

I need this in the next 24 hours urgently. If you can accept this, you must be meeting the deadline with strictly no delays or full payment refund is needed

Definition, what is financial management?

what is financial management?

Review of financial research report, This assignment is an analysis of a US...

This assignment is an analysis of a US publicly-traded company; its common stock could be a prospective investment.  The report is due in Week 10, in needs to be at least 5 pages,

Objective of the business, Q. Objective of the business? Working capita...

Q. Objective of the business? Working capital is needed for the following purposes For the purpose of the raw material, components and spares To pay the Wages and the sal

Determination of credit terms, Determination of Credit Terms:- The sec...

Determination of Credit Terms:- The second feature of receivable management, subsequent to setting the credit standards and assessment of credit worthiness of the customers, i

How can we estimate that firm is going to benefit, Ho can we estimate that ...

Ho can we estimate that firm is going to benefit from projec To calculate how firm is going to benefit from project we need to calculate whether firm is earning the required ra

Type of assets, type of assets for ppt from t.y.bom com student in commerce...

type of assets for ppt from t.y.bom com student in commerce department in financial management

Capital structure, name the concept which increases the return on equity sh...

name the concept which increases the return on equity shares by changing the capital structure of the co.

Return risk and security market line /net present value .., return risk and...

return risk and security market line /net present value and investment critirea actually iwill be tested in 6 question culculation and 1 question theory about risks

Explain difference between business risk and financial risk, What is the di...

What is the difference between business risk and financial risk? Business risk refers to the improbability a company has with regard to its operating income also known as earni

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd