ERM glossary

Risk assessment

تقييم المخاطر عملية تحديد وتحليل وترتيب المخاطر.

Risk assessment is the process of identifying risks, analysing their likelihood and impact, and prioritising them for treatment.

It is the analytical core of enterprise risk management and feeds directly into the risk register and risk response decisions. Assessments should be repeated as conditions and controls change.

Related terms

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Rukn ERM puts risk assessment to work in a live, mobile, bilingual risk program — aligned to COSO ERM 2017.

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