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Fundamentals of Risk Management provides a comprehensive introduction to the subject of commercial and business risk, examining the key components of risk management and its application. With relevant examples for both the private and public sector, this third edition is completely aligned to ISO 31000 and provides enhanced best practice advice on assessing and managing risk appetite to enhance company resilience.
Exploring the different types of risk an organization faces, including hazard risks and uncertainties, it provides the core concepts of business continuity planning, enterprise risk management and project risk management. Also including a thorough overview of the international risk management standards and frameworks, strategy and policy, Fundamentals of Risk Management is the definitive text for emerging professionals and anyone studying on a risk management course.
Paul Hopkin is Technical Director at the Association of Insurance and Risk Managers (AIRMIC). He was previously Director of Risk Management for The Rank Group Plc and prior to that Head of Risk Management at the BBC. He is a Fellow of the Institute of Risk Management.
The Institute of Risk Management (IRM) is the world's leading enterprise-wide risk education institution. IRM operates internationally with members and students in over 50 countries.
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