The risk management methodology illustrates in three phases ? creating a baseline, determining risk treatment and monitoring.
For each we provide a description of the key activities relating to the phase; specifically, how to capture potential sources of risk, develop scenarios and different risk treatment options. This methodology can be applied to specific areas of risk e.g. supplier risk as well as much broader general operational risk.
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Source: Best Practices in Risk Management PowerPoint Slides: Scenario Risk Planning PowerPoint (PPTX) Presentation Slide Deck, John Naas, Blackline Consulting
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