[Solution]Human Components of Model Risk

Module 05 Content For this part of your course project, you will provide a Summary Report that explains the human component in Model Risk. For your report…

Module 05 Content

For this part of your course project, you will provide a Summary Report that explains the human component in Model Risk. For your report make sure to address the following sections as follows:
Detailed

List at least three human components of model risk.
As a consultant, list which business departments you would build relationships with to help minimize identified risks.
Summary Report
Recommendations
Discuss how you would you utilize those departments.
Suggested Actions are not applicable for this submission.
Your summary report should be in narrative form, using full sentences and proper grammar, spelling etc. and incorporate any feedback received from your previous submissions.
Note: Make sure to refer to your Risk Management Plan and work on the areas that you are able to work on. This is a good week to address the Risk Mitigation and Avoidance section of your final Risk Management Plan.
Submit your completed assignments by following the directions linked below. Please check the Course Calendar for specific due dates.
Save your assignment as a Microsoft Word document. (Mac users, please remember to append the “.docx” extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date.

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