Importance of Risk Culture and Attitude in Effective Risk Management

Risk
Management
Minor

EXECUTIVE SUMMARY
For every organisation risk management is necessary because through it company able to
attain their goal as well as objective in effective manner. In respect of this an organisation
management must develop and maintain proper risk culture and risk attitude among the
employers as well as employees so that they conduct work in effective manner. These two
aspects are interrelated and interdependent on each other which help a company in being
successful. A company have effective risk culture and attitude can be determined through their
vision, leadership, future plan and many other factors.

Table of Contents
List of Figures..................................................................................................................................1
INTRODUCTION ..........................................................................................................................2
MAIN BODY ..................................................................................................................................2
Literature review on risk culture and risk attitude..................................................................2
How risk attitude influence risk culture or vice versa............................................................3
Explain need to build good risk culture with project team.....................................................4
Discussion what good risk culture looks like.........................................................................6
CONCLUSION................................................................................................................................7
REFRENCES...................................................................................................................................9

List of Figures
 1st figure- ABC of risk culture
1