Risk Management Research Proposal Example | Topics and Well Written Essays - 3500 words

Risk Management - inquiry Proposal ExampleThere atomic number 18 several surgical operationes that ar involved in corporate governance. These are monitoring and evaluation, strategic planning and others. One of the most all important(predicate) facets of corporate governance is pretend attention. It is important to note that organizations today operate within an environment that is wrought with risks and other hurdles that have to be overcome if the validation is to succeed. The risks that the cheek is exposed to include financial, natural disaster, security threats among others.Risk management involves the process of identifying, assessing and prioritising of risks that the organisation is faced with. This is then followed by an organised and planned application of resources at the disposal of the organisation to address this threat. The aim is to avert, control, monitor and mitigate the effects of the risk that has been identified. There are various risk management models at the disposal of the corporation. They include, but not limited to Project Management Institute, International ecesis for Standardisation (ISO) and others (Matthias & Glasgowl 2009).This research proposal is going to address the nature of the relationship that exists between risk management and corporate governance. ... These risks might affect the ability of the organisation to attain its goals and aspirations. The effects of the risks on the organisation are multifaceted in that respect are positive and negative consequences to the starchy. Negative impacts may involve dismission of revenue, loss of clients and other effects that derail the goals set by the organisation. However, there are also positive outcomes when the firm is exposed to risk (Turnbull 2009). It should be noted that risks are an integral part of the commercial enterprise success. If the organisation does not incur a risk, then it is rattling unlikely that they will ever move forward (Turnbull 2009). Eve ry business venture is a risk it is a gamble that the organisation is taking. As a result of this, it becomes very important for the management of the firm to come up with procedures that ensure that the firm exploits the positive attributes of the risk turn at the same time managing effectively the negative attributes (Turnbull 2009). Basically, what the management is involved with is the identification and assessment of the risks that the organisation faces as it is run on a day to day basis. They very well realise that more or less of the risks have to be exploited in order for the organisation to attain their objectives (Matthias & Glasgowl 2009). 1.2 Research JustificationsMamousee (2008) is of the view that there are many studies that are been conducted at any precondition time within any given field. This been the case, it is then very important for any researcher, before embarking on the task of conducting his research, to first justify wherefore his research is relevant to the field. Generally, what is the value that the field will get from this particular research and why should it be supported It is a fact