Risk map classifies net risks as critical, high, medium and low. Depending on the exposure of each risk, a treatment strategy is chosen: accept, transfer, avoid and reduce. For each risk, the risk owner decides the appropriate strategy. In view of the fact that the potential returns of some financial risks are attractive in comparison to the risks faced, some PMD financial risks were accepted, and risk owners $($asset managers$)$ had to manage their risks under the appropriate risk tolerance which.

Adapted: Risk Assessment Case Studies $$ Summary Report, Techneau, July $2010$

In that context discuss what you understand by the term risk mapping.