This free webinar provides an overview of risk assessment with a focus on risk identification and risk analysis using the ISO 31000 framework. Attendees will learn the key principles, concepts, and processes used to identify risks and analyze their potential impact and likelihood. The session is not tied to a specific accreditation standard and is intended to provide general guidance aligned with the ISO 31000 series of standards. It builds on the concepts discussed in the first webinar in the series: Introduction to Risk Management. We will continue to build on the concepts in the third webinar in the series: Understanding Risk Assessment: Evaluation and Mitigation.

Key Takeaways

• Understanding the process of risk management
• Understanding risk identification and its purpose, factors, techniques, and tools
• Understand risk analysis and its purpose, factors, influences, techniques, and tools

Who Should Watch?

• Quality, compliance, and risk management professionals
• Managers and supervisors involved in planning, decision-making, or process improvement
• Internal auditors and audit program managers
• Individuals responsible for identifying, analyzing, or managing organizational risks
• Anyone seeking a better understanding of risk assessment based on ISO 31000

Audience Questions

At the end of the webinar, questions were asked by the webinar’s attendees. These included:

• Can a management of change program be a possible source of risk identification?
• Could you provide an example where an organization decides which combination of techniques and tools should be used for risk identification?
• Would you consider adding to occurrence as a factor in risk ranking?
• Will ANAB require us to have a dedicated system or team to manage risk?
• In some labs in developing countries, there are competing priorities for addressing high risk. What is your advice for balancing available funds versus urgent, high risks? Secondly, per best practice, is there a duration for reassessing risks?
• Since risk assessment is subjective, what is the ideal number of people to include in an assessment? Theoretically, involving too many people introduces the risk of the assessment becoming counterproductive.
• Do you have any tips for linking risk management and non-conformity management?

Presenter