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Risk management is critical to protect organizational assets and to ensure compliance with laws and regulations. Many individuals and departments in organizations are involved in risk management; this is especially true when creating a risk management plan.
You, as an employee of YieldMore, are asked to create a risk management plan for the organization.
In order to help protect the company and ensure it maintains compliance with laws and regulations, senior management at YieldMore has decided to develop a formal risk management plan.
As an employee of YieldMore, your team has been given the task of creating a risk management plan for the organization.
You will initiate a kick-off meeting to discuss YieldMore’s risk management plan with your team.
- Review the responsibilities associated with your assigned role.
- Explain the specific responsibilities of your assigned role within the project.
- Explain your role and the roles of the other team members to senior management.