Risk management frameworks have a common set of core components. They are:

• Program scope
• Information risk objectives
• Information risk policy 
• Risk appetite/tolerance
• Roles and responsibilities
• Risk management life-cycle process
• Risk management documentation
• Management review

For each component, discuss:

• A description of what it is
• The different elements that comprise the component
• How it used to manage risk

• Assignment Format: APA format
• Submission Format: MS Word
• Length: 7 pages (not including cover & references pages)
• Citations Required: minimum 5 citations (At least 2 Scholarly and 3 from other reliable sources)