All Financial Risks
The risk of future expenses being materially higher than that planned. This can be due to one or more of the following:
- Increasing costs of production and operations generally (either cost based or related to lower productivity);
- Labour shortages;
- Changes to operations processes, implementation of new products and systems;
Other risk categories than can give rise to Expense Risk can include Commodity / Input Price Risk, Currency Risk and Operations & Process Risk.