Risk Academy, a Nexortium programmeFaculty of Risk Science and Methods

Frameworks, operational risk and continuity, model risk, assurance and culture

Department of Risk Management

Risk management is the frame the other disciplines plug into: a process under ISO 31000:2018 and COSO, a register with owners and criteria, an appetite a board has set, and the Three Lines Model that says who manages, who oversees and who assures.

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Department of Risk Management: 1 department and 4 disciplines, drawn as uncertainty bands. 0 disciplines with open courses; primary courses 0 open, 7 in preparation and 0 approved for authoring. 01 Department of Risk Management: Enterprise risk management and risk frameworks (0 open, 3 in preparation, 0 approved); Operational risk and business continuity (0 open, 2 in preparation, 0 approved); Model risk and validation (0 open, 1 in preparation, 0 approved); Assurance, internal control and risk culture (0 open, 1 in preparation, 0 approved).012301
Risk Management: its disciplines and courses. Drawn as uncertainty bands.
  • Open, 0
  • In preparation, 7
  • Approved for authoring, 0
From the Academy atlas and the curriculum: primary courses only; numbers mark departments.
Twin builder and simulatorThe central Apennines: L'Aquila, Amatrice and Norcia4 twin generators, 8 layers, 4 instruments
disciplines
4
courses open now, 7 in preparation
0
reference earthquakes, M6.2 to M6.6
3

Twin figures for the central Apennines: L'Aquila, Amatrice and Norcia, counted from its layers at their stated dates.

Twin builder and simulator.

For Department of Risk Management: the faculty's twin of L'Aquila on the planet map, the globe and in 3D. Pick a generator, switch layers, run the instruments; every layer prints its provider and date.

The central Apennines: L'Aquila, Amatrice and Norcia: a flat plan of the faculty twin. Terrain 24 to 2,805 m; 3 reference earthquakes, M6.2 to M6.6; Earthquakes M4.5 and above, past week (live): live, loads in the twin; USGS ShakeMap intensity contours: live, loads in the twin. Contours every 500 metres from the elevation grid; reference earthquakes as marks.
The central Apennines: L'Aquila, Amatrice and Norcia, Italy. Flat plan of the same data: relief, the three reference epicentres with magnitude and depth, and the numbers below; the sampler's figure shows one precomputed field with its parameters. The 3D twin opens on devices with WebGL once its data and library have been checked.
  • Terrain 24 to 2,805 m
  • 3 reference earthquakes, M6.2 to M6.6
  • Earthquakes M4.5 and above, past week (live): live, loads in the twin
  • USGS ShakeMap intensity contours: live, loads in the twin
Credits and dates per layer are listed under the stage. Relief in the twin is exaggerated ×1.5 for legibility.

Drag to move, right drag or Shift with a drag to turn and tilt, Ctrl with the wheel to zoom. Keyboard: arrows move, Shift with arrows turn and tilt, + and - zoom, 0 resets, V steps through the views, Escape clears.

Flat plan of the same data: relief, the three reference epicentres with magnitude and depth, and the numbers below; the sampler's figure shows one precomputed field with its parameters. The 3D twin opens on devices with WebGL once its data and library have been checked.

The map loads from this site as it nears the view (MapLibre 6.9.1, checked by hash).

What the department studies.

The department teaches that frame together with operational risk and business continuity under ISO 22301, model risk management under SR 11-7 and PRA SS1/23 (in effect since 17 May 2024) with inventories, validation and monitoring, and assurance and risk culture as evidence others can check, with the twin's fitted values and their standard errors as the running example of a model under governance. A graduate can build a register, set key risk indicators, validate a model and write the assurance report a board can rely on.

Department of Risk Management is a department of Faculty of Risk Science and Methods with 4 disciplines. 0 of the 7 courses with their primary discipline here are open for enrolment now; 7 are in preparation.

4 disciplines.

A mark is one primary course, filled when it is open.

The faculty hub.

News and research as they are published, per discipline, with the faculty's other tools.

The newest research, preprints, news and humanitarian reports for 4 disciplines, each with its source and date, load here. Open the research and news hub

Enterprise risk management and risk frameworks, Operational risk and business continuity, Model risk and validation, Assurance, internal control and risk culture

0 open, 7 in preparation.

Courses whose primary discipline is in this department; then the courses from other departments that also teach it, and the authoring list.

Pathways that run through it.

Where the department's subjects are practised.

Terms used on this page.

Department of Risk Management

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