Risk assessments grading and metrics

risk assessment grading

When we are conducting a risk assessment, we need a way to assess, grade and order risks to allow us to use this information for decision-making and to prioritize our actions. This article outlines some basic techniques that can be used for risk assessment grading and matrics.  These basic examples lay the foundation for more complex sets of metrics … Continue reading Risk assessments grading and metrics

The risk assessment process – how to conduct a risk assessment

The risk assessment lies at the core of risk management.  Without a clear understanding of the risks faced, none of the other risk management activities can be undertaken meaning that the organization will remain reactive instead of being able to take proactive steps informed by risk-based decision making.  However, risk assessments have the potential to become hugely … Continue reading The risk assessment process – how to conduct a risk assessment