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Agenda Item 11.1CORPORATE RISK REGISTER
JANUARY2017G:Execs×Support×TeamGeneralTrust Board201617BoDFormal Board Meetings05 26 January 2017PublicFinal11.1 Corporate Risk Register January 2017.docxSummary
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How to fill out nature of risk
01
To fill out the nature of risk, follow these steps:
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Identify the specific risk or potential hazard that needs to be assessed.
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What is nature of risk?
The nature of risk refers to the type and characteristics of a potential threat or hazard that could have an impact on a project or business.
Who is required to file nature of risk?
The project or business manager is typically responsible for filing the nature of risk report.
How to fill out nature of risk?
The nature of risk report is usually filled out by identifying potential risks, assessing their impact and likelihood, and developing risk mitigation strategies.
What is the purpose of nature of risk?
The purpose of the nature of risk report is to proactively identify and manage potential threats that could affect the success of a project or business.
What information must be reported on nature of risk?
Information that must be reported on the nature of risk include the description of the risk, its potential impact, likelihood, and proposed mitigation strategies.
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