... is to ensure clarity of: • • • • definitions on the terminology related to the risk management understanding of risk management processes objectives for risk management and risk architecture In ... tools for each of the following steps of risk management: (1) defining context; (2) risk identification; (3) Page 16 of 252 risk assessment and; (4) risk treatment These four steps are part of all ... frameworks/standards, which covers the definition of risk management, risk drivers, benefits of risk management, comparisons of RM frameworks/standards, RM process, risk appetite and risk tolerance The research methodology...