Objectives of risk communication, Risk Management

Assignment Help:

Objectives of risk communication

The fundamental goal of risk communication, as you may have realized, is to provide meaningful, relevant and accurate information, in  clear  and understandable terms  targeted  to  a particular audience. The specific objectives include:

1)  Promote awareness and understanding of the specific issues under consideration during the risk analysis process, by all participants

2)  Promote consistency  and  transparency  in  arriving  at and  implementing risk management decisions

3)  Provide a sound basis for understanding the risk management decisions, proposed or implemented

4)  Improve  the overall effectiveness and  efficiency of  the  risk  analysis process

5)  Contribute to the development and delivery of effective information  and education programmes, when  they are selected & risk management options

 


Related Discussions:- Objectives of risk communication

Binomial model , the difference between binomial model and black-scholes fo...

the difference between binomial model and black-scholes formulation of derivative pricimg

Audit of home retail group , Critically assess the risk-based approach to e...

Critically assess the risk-based approach to external audit with particular reference to the audit of Home Retail Group plc. Note: You must give examples of how you might col

Location selection, what are the methods for location selection

what are the methods for location selection

Explain what is meant by the term single sign-on, Question: (a) Explain...

Question: (a) Explain what is meant by the term Single sign-on in the context of access control? Give three examples of single sign-on technologies. (b) Describe how the Ker

Budget and value report, A strategy value assessment, based on calculating ...

A strategy value assessment, based on calculating the budget of the project. Discussion should not restrict itself to construction cost control but should consider the life cycle a

Show quick and regular returns of the investments, Q. Show Quick and regula...

Q. Show Quick and regular returns of the investments? Quick and regular returns of the investments: every investor wants a quick and regular returns on his investment sufficienc

What is a safe system of work, Question 1: Employers should conduct pro...

Question 1: Employers should conduct proper health risk assessment in order to identify and control health risks before they lead to losses. Describe the four stages involved i

What are upper limb disorders, Question 1: (a) What are Upper Limb Diso...

Question 1: (a) What are Upper Limb Disorders? (b) Describe seven main factors that are likely to increase the risk of upper limb disorders at work and suggest ways for redu

Financial services policy, On successful completion of FSAP, the EC conclud...

On successful completion of FSAP, the EC concluded that the EU FS industry still had strong untapped economic and employment growth potential. As a result, the White Paper on Finan

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