Revised edition of the author's Fundamentals of risk management, 2014.

Foreword -- Acknowledgements -- Introduction -- Introduction to risk management -- Approaches to defining risk -- Impact of risk on organizations -- Types of risks -- Scope of risk management -- Principles and aims of risk management -- Approaches to risk management -- Risk management standards -- Establishing the context -- Enterprise risk management -- Alternative approaches -- Risk assessment -- Risk assessment considerations -- Risk classification systems -- Risk analysis and evaluation -- Loss control -- Defining the upside of risk -- Risk response -- Tolerate, treat, transfer and terminate -- Risk control techniques -- Insurance and risk transfer -- Business continuity -- Risk strategy -- Core business processes -- Reputation and the business model -- Risk management context -- Risk management responsibilities -- Control of selected hazard risks -- Risk culture -- Risk-aware culture -- Importance of risk appetite -- Risk training and communication -- Risk practitioner competencies -- Risk governance -- Corporate governance model -- Stakeholder expectations -- Operational risk management -- Project risk management -- Supply chain management -- Risk assurance -- The control environment -- Risk assurance techniques -- Internal audit activities -- Reporting on risk management -- Appendix a: abbreviations and acronyms -- Appendix b: glossary of terms -- Appendix c: implementation guide -- Index.