Management of Risk (M_o_R®) Bitesize Learning: Identify the Risks - Tools and Techniques

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There are a variety of techniques that can be used to facilitate the risk identification step. These techniques may be supported by one or more tools. Collectively these tools and techniques have a series of benefits enabling those engaging in risk management to capture information in a consistent way, provide more thorough and reliable results, accelerate the process, articulate options, prioritize actions, improve communication and produce an audit trail. This video, taken from our Management of Risk (M_o_R) course, explains this in more detail.

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Management of Risk (M_o_R) is a framework built around identifying, predicting, preparing for, and dealing with risks. You will study tools, practices, and insight for embedding effective risk management within your organization, creating long-term benefits that will empower and evolve your corporate strategy. Kickstart your MoR Foundation training today!

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Chapters:
00:00 Intro
01:00 Goals of Identify - Risks
01:26 Risk Checklist
02:04 Example of a risk breakdown structure
02:27 Fishbone Diagram (a cause and effect diagram)
03:15 Different Techniques

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Category
Management
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