Here is a small lesson I learned a while back

If you want to integrate risk management into decision making, you have to talk the same language as decision makers.

That means that if the decision is made based on IRR you need to calculate an alternative IRR, based on risks. If the decision is made based on NPV/EV/FV you need to calculate new NPV/EV/FV based on risks. If the decision is made based on cash flow, you need to calculate new cash flow or new budget based on risk information.

Check out other risk management books

Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management
The Standard for Risk Management in Portfolios, Programs, and Projects

Here is an example 4 steps to integrate risk management into strategic planning

RISK-ACADEMY offers online courses

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Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!

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ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.

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Управление рисками

В этом коротком и очень увлекательном курсе, Алексей Сидоренко расскажет о причинах внедрения риск менеджмента, об особенностях принятия управленческих решений в ситуации неопределенности и изменениях в новом стандарте ИСО 31000:2018.

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