Manage Financial Risk includes tasks to identify existing and potential financial risks that could negatively impact the organization’s financial profile, assess and quantify financial risks to prioritize them based on their impact, define and implement strategies to control financial threats, and continuously monitor the effectiveness of strategies that reduce financial risk. This enables the enterprise to clearly understand its financial risk profile, and develop approach to de-risk financial risks.<br/>
Manage Financial Risk activity administers risk controls for the enterprises direct and indirect financial transactions to realize a shared understanding of financial threats, and control current and potential financial risks.
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HierarchyLevel
4
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Description: the level of this object in the hierarchy (1-x integer)
Issue
Business Process Framework 20.0 Addition
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Maturity
4
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Description: the maturity level of this element (1-x integer)
Process Identifier
1.7.5.3.4
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TMFStatus
Not Fully Developed
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Values: Released,Preliminary,Draft,Not Fully Developed,likelyToChange,likelyToBeDeprecated Description: the TM Forum status