:- PAPER: RISK MANAGEMENT (100 MARKS)

:- 1 Introduction & Overview

i Introduction to Risk & Uncertainty

ii Classifications & Types of Risks

iii Importance & Objectives

iv Overview of Mitigation & Controls

v Opportunities in RM for CAS

:- 2 Risk Strategy & Governance

i Risk Management Frameworks

ii Implementation of Risk Management Policies & Processes

iii Enterprise Risk and Linkage to Business

iv Governance & Ethical dimensions

v Legal, Regulatory & Compliance

:- 3 Role of Risk Stakeholders

i Board Oversight

ii Role of CEO, Management

iii Role of Risk Managers, Owners

iv Role of Auditors (Statutory/Internal)

:- 4 Risk Assessment

i Risk Identification

ii Risk Evaluation (Impact/Likelihood)

iii Risk Quantification & Ratings

iv RM Quantification Tools

v Risk Prioritization & Heat Matrix

:- 5 Risk Response

i Risk Appetite

ii Risk Treatment Techniques

iii Controlling Risk

iv Contingency Planning

:- 6 Risk Monitoring & Reporting

i Information & Communication

ii Automation & Continuous Monitoring

iii Auditing & Evaluating Risk

iv Continuous & Periodic Reporting

:- 7 Strategic Risk

i Business Portfolio Risks

ii Industry/Competition Risks

iii Investments & Funding of Growth

iv Product/Service Risks

:- 8 Operational Risk

i Process level Risk Management

ii Outsourcing Risks & 3rd Party Risk

iii Supply Chain (Sale/ Purchase)

iv Product/Service Quality etc.

:- 9 Emerging Issues in ERM

i External Influences

ii Global Developments

iii Technology & Automation