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Topic History of : Residual Risk Cost

Max. showing the last 6 posts - (Last post first)
1 year 4 months ago #16879

Syed Farhan Qadri

Syed Farhan Qadri's Avatar

Residual risk is known. We use Contigency reserves, if it occur. Management reserve is for unknown risk, which didn't identified in the Identify risk process. Hope it help you.
1 year 4 months ago #16820

Najeeb Safi

Najeeb Safi's Avatar

Where do we account for Residual Risk Cost? is it part of Contingency reserve or management reserve? Chapter 11.5

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