Risk Management

The Risk Management Process

risk management process

On this website we describe a risk management process with six steps. Our process is broadly compatible with the international standard for risk management, ISO31000.

The steps in our risk management process are:
Scope and Objectives
Risk Identification
Risk Analysis
Risk Prioritization
Treatment Planning

The first five steps in the process (from Scope and Objectives to Treatment Planning) together are sometimes known as a Risk Review.

The risk management process is continuous. After going from the first step to the last step, we loop back to the first step.