Step 5. Measure the effect of risks on decisions In order to account for the uncertainty both in the consequences of each scenario and its weight, consequence distributions are multiplied… Continue reading Compliance Risk Management – Risk analysis (part 5)
Tag: Project management
Compliance Risk Management – Risk analysis (part 4)
Step 4. Allocate weights to each scenario In order to determine the weight allocated to each consequence scenario of events triggered by compliance risk, historical data, modelling, as well as… Continue reading Compliance Risk Management – Risk analysis (part 4)
Compliance Risk Management – Risk analysis (part 3)
Step 3. Determine the range of consequences for each scenario In order to quantitatively assess compliance risks the next step involves defining the possible range of values for each consequence… Continue reading Compliance Risk Management – Risk analysis (part 3)
Compliance Risk Management – Risk analysis (part 2)
Step 2. Identify causes and consequence scenarios Causes and consequences for the bow-tie diagram are normally derived from the regulations as well as through consultation with risk owners and subject… Continue reading Compliance Risk Management – Risk analysis (part 2)
Compliance Risk Management – Risk analysis (part 1)
Wherever possible companies should apply quantitative risk analysis to measure and prioritize compliance risks. Wait what? We can do better than a compliance heatmap? Apparently :)) The following information should… Continue reading Compliance Risk Management – Risk analysis (part 1)
Compliance Risk Management – Risk identification
Every organisation is required to comply with laws within the countries it operates in, the legal and regulatory requirements vary between different regions adding to the need to have understanding… Continue reading Compliance Risk Management – Risk identification
BLACK FRIDAY – Free access to all RAW2020 workshops until 28.11.2020
RISK MANAGEMENT AWARENESS is the biggest online platform to learn about risk management and decision making. Amazing lineup of international speakers have recorded practical case studies on integrating risk management into… Continue reading BLACK FRIDAY – Free access to all RAW2020 workshops until 28.11.2020
RAW2020 starts tomorrow for 3500+ participants
Join the Risk Management Awareness week from 12 to 16 October 2020. Amazing lineup of speakers running online workshops dedicated to integrating risk management into decision making, planning, project management,… Continue reading RAW2020 starts tomorrow for 3500+ participants
WATCH REPLAY: Complexity: Moving Beyond Talk
https://2020.riskawarenessweek.com/talks/complexity-moving-beyond-talk/ Most of us have read about or heard talks on “complexity”; its nature, its impact on projects and ways to deal with it. Many have also worked on complex… Continue reading WATCH REPLAY: Complexity: Moving Beyond Talk
WATCH REPLAY: The Failure of Risk Management
https://2020.riskawarenessweek.com/talks/the-failure-of-risk-management/ Choices to make for your company or organization can seem overwhelming at times and the answers to hard questions may seem impossible to find. Whether your uncertain decisions are… Continue reading WATCH REPLAY: The Failure of Risk Management
