Element 06×Finance and Legal
Finance & Legal in Hazard ID & Risk Assessment
Hazard identification and risk assessment
Why 2 of these documents sit here
Hazard identification and risk assessment is one method applied to many kinds of risk. Enterprise, financial, credit, cyber, financial-crime and personal-security risks follow the same logic: identify, assess, control, review. They belong in the same risk framework so the board sees one risk picture rather than several that are never compared.
Integrated reading of element 06 →Example documents, by tier
Standard 1
- Enterprise Risk Management StandardIntegrated readingRepresentative exampleCompany-wideAlso in IOGP 510 · 05 Risk Assessment and ControlNot process safetyNot safety report critical
Process, procedure, work instruction 1
- Insurance and Loss Prevention Survey ProcedureIntegrated readingRepresentative exampleCompany-wideAlso in IOGP 510 · 05 Risk Assessment and ControlNot process safetyNot safety report critical