Risk Management

Enable your enterprise to monitor threats and determine if there is

a need to mitigate

Module 1: Risk Scenarios

The Purpose

Identify any key areas we want to cover.

Have the group understand what risk is and how it impacts the organization.

Key Benefits Achieved

Establish a baseline understanding of the workshop concepts that will be featured

throughout the modules.

Go in-depth to the organization's current architecture, address pain points, and build
a plan to address the barriers.
Activities:

Outputs:

1.1 Understand Current State & Set Goals

Understanding of how the corporation

currently views risks

1.2 Establish Risk Scenarios

Risk Catalogue

Module 2: Determine Risk Severity

The Purpose

Understand how the Risk Scenarios section of the Risk Profile Tool works.

Learn how to measure the severity of risks.

Understand why it is important to measure risk severity as a means of prioritizing

which risks to respond to and when.

Understand what your risk score means to your overall Risk Profile.

Key Benefits Achieved

Risk Profile will begin to take shape.

Clear understanding of how to inventory, track, and prioritize risks.

Understanding of risk's involvement in the organization and its impact.

Activities:

Outputs:

2.1 Populate the Risk Profile Tool

Initial Risk Score Tab

2.2 Set Risk Severity Thresholds

Initial Risk Score Tab

2.3 Determine Initial Risk Scores

Initial Risk Score Tab

Module 3: Build the Risk Profile

The Purpose

Understand what prevents you from responding to the risks that impact your
organization.

Learn to identify solutions to those problems.

Learn to formalize risk response project proposals.

Understand how to assign responsibility to risk response.

Key Benefits Achieved

Understand what's keeping you from preventing your risks and how to get over
those hurdles.

Continue to formalize the risk management process by assigning responsibility to

individuals as risk management is a team process.
Activities:

Outputs:

3. Determine Mitigating & Contributing

1 Factors Towards Risk

Final Risk Score Tab

3. Assign Responsibility to Risks

2

Risk Management Responsibility

Form

Module 4: Take Action Towards Risk

The Purpose

Collect risk-related data to build the risk management process to continue

momentum.

Create a committee dedicated to risk management.

Document and track the controls in place or that are needed for particular risks.

Key Benefits Achieved

Development of a course of action to continue the program within your

organization.
Activities:

Outputs:

4.1 Formalize Data Collection Methods

Risk Data Collection Form

4.2 Develop a Risk Management Program

Risk Management SOP

4.3 Identify Risk Controls

Risk Controls Inventory List

4.4 Establish Risk Response Projects

Project Request Form

Module 5: Report & Communicate Risk

The Purpose

Understand how to monitor risks throughout the year.

Learn how to communicate risks and potential risk-related projects to key

stakeholders.

Learn how to complete and use the Risk Management Program Manual to maintain
your risk management process.

Key Benefits Achieved

Formalization of the risk management process and action plan to allow risk
management to be formally address through the year.

Know how to communicate findings to key stakeholders.

Activities:

Outputs:

5. Develop Processes for Reporting &

1 Dashboarding Risks

Risk Profile Tool

5.
Establish a Risk Communication Plan
2

Risk Management Communication

Plan

5. Understand the Risk Management

3 Program Manual

Risk Management Program Manual