In your own words, discuss each of the five-steps and how you would apply them to your organization.

Our Voice Thread Discussion Forum this week will focus on our readings and lecture videos. It pertains to the importance of risk management and the challenges in getting organizational “buy-in.” In your original post respond to the following discussion questions:
Discussion Questions:
1) Risk management as a process uses a five-step management decision-making model. In your own words, discuss each of the five-steps and how you would apply them to your organization.
2) In your own words, discuss and define the key structural elements of the risk management program.
3) Explain how an organization would assess for risk.
4) Explain how an organization would get “buy-in” at all levels for its risk management program.
This assignment is reading is pages 1-28 in the PDF file

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