Risk Assessment
risk managementoperationscomplianceproject management
What Is Risk Assessment?
Identify, assess, monitor, or reduce conditions that could produce an unwanted outcome.
Why Does Risk Assessment Matter?
Risk Assessment matters because prevention depends on understanding both what could happen and how serious the consequences could be. The assessment provides a basis for choosing proportionate controls.
What Does It Look Like?
Someone applying risk assessment may:
- •identifies credible failure points
- •distinguishes likelihood from consequence
- •checks whether controls actually reduce exposure
How to Develop Risk Assessment
You can develop it by:
- •create a simple risk register for a real activity
- •review a past incident and identify the missed warning sign
Where Can Risk Assessment Be Useful?
Risk Assessment can be useful in areas such as:
risk managementoperationscomplianceproject management
Careers Where This Skill Can Be Useful
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