The Risk Management Process

The Organisations
Strategic Objectives
Risk Assessment

Risk Evaluation
Risk Reporting
Threats and Opportunities
Decision
Risk Treatment
Residual Risk Reporting
Monitoring

Formal Audit

Modification

Risk Analysis
Risk Identification
Risk Description
Risk Estimation

The full Risk Management Standard

can be downloaded from the FERMA website

FERMA Federation of European Risk

Management Associations www.ferma-asso.org
AGERS - Asociacin Espaola de Gerencia
de Riesgos y Seguros www.agers.es
AIRMIC - The Association of Insurance
and Risk Managers - www.airmic.com
AMRAE - Association pour le Management des Risques
et des Assurances de l'Entreprise www.amrae.asso.fr
ANRA - Associazione Nazionale dei Risk Manager e
Responsabili Assicurazioni Aziendali www.anra.it
BELRIM - Belgian Risk Management Association
www.belrim.com
BfV- Bundesverband Firmenverbundener
Versicherungsvermittler und Gesellchaften e. V.
DARIM - Dansk Industris Risk Management Forening
DVS - Deutscher Versicherungs-Schutzverband e.V.
www.dvs-schutzverband.de
NARIM - Nederlandse Associatie van Risk
en Insurance Managers www.narim.com
SIRM - Swiss Association of Insurance
and Risk Managers - www.sirm.ch
ALARM The National Forum for Risk Management
in the Public Sector - www.alarm-uk.com
IRM The Institute of Risk Management - www.theirm.org