Exam DISC-RM Practice Question 6
Study guide: Exam DISC-RM
A hospital board asks its new chief risk officer to start an enterprise risk management program. The CRO proposes four activities. Under the CAS's ERM framework, which should come first?
- A) Run workshops with department heads to list the risks that could affect the hospital
- B) Plot the risks the hospital already knows about on a frequency and severity map
- C) Set out the hospital's objectives, stakeholders and a common measure for judging risks
- D) Buy higher liability limits for the exposures behind the largest past claims
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