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FINANCIAL RISK AND ITS TYPES

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  Understanding Financial Risk and Its Types Before investing time in methods to assess and reduce risk it is essential for the analyst to be aware of what the financial risks can be and what their consequences are. Risk to the financial market can be described as the chance of experiencing a negative and unexpected outcome due to market fluctuations. These risks may result from an inadequate flow of cash in flow management or lower than expected revenue-related risks.   They may be triggered by many reasons: Poor management. A high amount of debt. Changes in exchanges or interest rates. Investments or market transactions that have high levels of risk. Insufficient information to make a decision.   Financial Risk management  is among the main concerns of any company across all fields and geographical regions. This is why the exam called FRM Financial Risk Manager, also called FRM Test, is getting a lot of attention from ex...

PROCESS CAPABILITY ANALYSIS EXPLAINED

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  Process Capability Analysis Guide - Cp, Cpk, Pp, Ppk   Here we will talk about  Process Capability Analysis . If this is the first that you have heard of this term, you are at the right place.  Process Capability Analysis  is the set of calculations mainly used to assess whether the system is statistically able to meet the group of specifications or requirements in these needs. A set of data is essential to proceed with the process of capability analysis. To complete these calculations, it is necessary to have a bunch of data usually generated by a control chart. However, we can easily collect data for this reason specifically.   Suppose we talk about the specifications, the numerical values the entire system is expected to operate, including minimum and maximum acceptable values. Generally, there is only one limit, either minimum or maximum. If we talk about the specifications, it is mainly set by the customer, engineer, or even managers, as we know that...

PROJECT MANAGEMENT PROCESSES, METHODOLOGIES AND LIFECYCLES

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  Project Management Processes Explained When it comes to building a structure or launching an app or launching marketing campaigns, every project needs a set of steps to make it happen. These  project management processes  are fairly consistent regardless of the field or type of product to be delivered. What is the purpose of these process management practices and what are they made up of?   Five project management processes The guide to the Project Management Body of Knowledge (PMBOK Guide) breaks down the management of projects into five phases that are known as "process groupings." The  project management processes  are generally grouped and described as follows: Beginning:  During this phase projects are conceptualized and feasibility of the project is assessed. According to the SME Toolkit, some of the tasks to be completed in this process are determining the goal of the project; the scope of the project as well as identifying the project's manag...