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
Treatment

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.