How Long to Read Improving Operational Risk Management

How Long Does it Take to Read Improving Operational Risk Management?

It takes the average reader 4 hours and 5 minutes to read Improving Operational Risk Management by Jürgen H. M. van Grinsven

Assuming a reading speed of 250 words per minute. Learn more

Description

Operational risk is possibly the largest threat to financial institutions. The operational risk that financial institutions face has become more complex, more potentially devastating and more difficult to anticipate. Moreover, operational risk management is an essential part of the economic activities and economic development in financial institutions. The credit crunch indicates once more that operational risk does not lend itself to traditional risk management approaches. This is because almost all instnces of operational risk losses result from complex and nonlinear interactions among risk and business processes. Mainly motivated by regulatory pressure, the volatility of today's marketplace and costly catastrophes many financial institutions focused thir risk management efforts on operational risk management. In response to this, several initiatives have been taken to manage operational risk. However, due to difficulties with loss data, most of these initiatives focus on using expert judgment to provid the input to estimate the level of exposure to operational risk. Although these initiatives have helped financial institutions, the improvements which are made are not effective, efficient and satisfying. Therefore in this book the is focus on an alternaive to improve operational risk management that is more effective, efficient and satisfying. A highly structured approach for operational risk management is prescribed and explained in this book. The approach can operate with scarce loss data and enables inancial institutions to understand operational risk with a view to reducing it, thus reducing economic capital within the Basel II regulations.

How long is Improving Operational Risk Management?

Improving Operational Risk Management by Jürgen H. M. van Grinsven is 238 pages long, and a total of 61,404 words.

This makes it 80% the length of the average book. It also has 75% more words than the average book.

How Long Does it Take to Read Improving Operational Risk Management Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 35 minutes to read Improving Operational Risk Management aloud.

What Reading Level is Improving Operational Risk Management?

Improving Operational Risk Management is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Improving Operational Risk Management?

Improving Operational Risk Management by Jürgen H. M. van Grinsven is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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