Risktech Study guides, Class notes & Summaries

Big Data - Answer- Set of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan - Answer- a comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) - Answer- assesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers - Answer- identify, evaluate and treat risks within stated risk appetites and risk tolerances. The risk management team monit...

SRP stages - Answer- -emergency stage -alternative marketing stage -contingency production stage -communication stage strategic redeployment plan - Answer- determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when BCPs fail BCP elements - Answer- -time goal -operational goal -resources needed -details tasks and procedures -documentation risk-transfer model - Answer- purchasing BI insurance prioritization model - ...

ARM 400 Exam Questions and Answers 100% Verified what two things lie at the base of every risk management concept - answerthe intersection of different types of risk a method for identifying, assessing, and treating all risks traditional risk assessment techniques focus on what - answerroot cause analysis - which identifies a loss's predominant cause what is wrong with Root Cause Analyses - answerit can only look backward and might not catch all root causes what are the 3 steps in how ...

ARM 400 Exam 2023!! Big Data Set of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan a comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) assesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers identify, evaluate and treat risks within stated risk appetites and risk tolerances. The risk management team monitors and reports on ...

ARM 400 MODEL REVIEWS With Complete Answers Already Passed 100% SRP stages *** -emergency stage -alternative marketing stage -contingency production stage -communication stage strategic redeployment plan *** determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when BCPs fail BCP elements *** -time goal -operational goal -resources needed -details tasks and procedures -documentation risk-transfer model *** purchas...

ARM 400 PRACTICE (TEST 1&2) Q&A with Correct Solutions Rated 100% Which of the following risk management program goals is an essential goal for all public entities? ANS-- Continuity of operations The fundamental purpose of a risk management framework is to ANS-- Integrate risk management throughout the organization. Which one of the following is a tool that can be used by fraud investigators to compare documents and analyze notes? ANS-- Text mining Samuel was recently hired as a risk...

ARM 400 Exam 2023!! Big Data Set of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan a comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) assesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers identify, evaluate and treat risks within stated risk appetites and risk tolerances. The risk management team monitors and reports on ...

ARM 400 Exam 2023!! Big Data Set of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan a comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) assesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers identify, evaluate and treat risks within stated risk appetites and risk tolerances. The risk management team monitors and reports on ...

ARM 400 Exam 2023!! Big Data Set of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan a comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) assesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers identify, evaluate and treat risks within stated risk appetites and risk tolerances. The risk management team monitors and reports on ...