Risk Identification
Stakeholders and subject matter experts identify risks.
Risk Analysis
Determine risk probability, risk impact and the conditions that cause each risk to occur.
Risk Prioritization
Prioritize risks by probability and impact.
Risk Register
Create a tracker for risks that have been identified and prioritized.
Risk Management Plan
Develop a plan to treat, monitor and report prioritized risks.
Risk Treatment
Determine how you will accept, avoid, mitigate, transfer or share each risk.
Secondary Risk
Identify risks that are created by your risk treatments.
Risk Contingency
Plan what you will do when a risk actually occurs.
Risk Control
Implement risk treatments and contingency plans.
Risk Monitoring
Monitor risks to identify when they occur or are about to occur.
Risk Measurement
Calculate risk measurements such as risk exposure.
Risk Communication
Communicate risk measurements and events.
Risk Audits
Evaluate your risk planning and management process.
Risk Culture
Develop a culture of risk awareness and management.
Resilience Planning
Develop strengths that avoid risks in the first place.
