Question: The ERM Process entails: 1. Adoption/Implementation 2. Risk Identification 3. Risk Analysis 4. Selection and Implementation of Risk Treatment Measures 5. Monitor the Program and

The ERM Process entails:

1. Adoption/Implementation

2. Risk Identification

3. Risk Analysis

4. Selection and Implementation of Risk Treatment Measures

5. Monitor the Program and Take Corrective Actions

Question:

You are the new Risk Manager. Imagine you have completed a tour of the facility on your first day in the office. You notice a violation during your first day. Write an ERM strategy which will address the violation you encountered.

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