The risk management process consists of identifying, defining, evaluating, analyzing, measuring and implementing solutions. The process is continuous and requires a regular review and changes based upon the current environment and the success or failure of efforts. This is our process:
Discover and analyze
Provide observations on high-risk categories of risk, risk owners and current programs using a Risk Register
Assess risk tolerance and help develop risk appetite thresholds and statements
Develop a strategy based on the process
Develop an implementation strategy while training staff
Implement the program
Monitor and measure impact and recommend improvements