12/8/2022 0 Comments Risk analysis![]() The team's conclusions as to what risks exist and what controls needed are documented along with a related action plan for control implementation. ![]() The decision for what controls are needed lies with the business manager. without assumptions there is little risk analysisĪfter identifying and categorizing risks, a team identifies the controls that could mitigate the risk. ![]() specific loss estimates are generally not needed to determine if controls are needed.risk documentation becomes too voluminous for practical use.Facilitated risk analysis process įRAP analyzes one system, application or segment of business processes at a time.įRAP assumes that additional efforts to develop precisely quantified risks are not cost-effective because: ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |