Understanding Risk Assessment: Evaluation and Mitigation (Part Three)

This free webinar provides an overview of risk assessment with a focus on risk evaluation and risk mitigation using the ISO 31000 framework. This session will provide practical insight into prioritizing risks and selecting appropriate mitigation strategies based on the ISO 31000  risk management principles. It builds on the concepts discussed in the first two webinars in the series: Introduction to Risk Management and Understanding Risk Assessment: Identification and Analysis.

Key Takeaways

• Understand the Process of Risk Management
• Understand Risk Evaluation, including risk responses and addressing opportunities
• Understand Risk Mitigation tools & techniques

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:

• Looking at risk responses, there is a big difference between risk prevention and mitigation. Only risk mitigation was presented here. Is there a reason we don’t want to prevent the uncertainty?
• Elaborate on a risk control plan and what’s required in its content?
• How can we move risk management from just a discussion ‘at the table’ to real implementation? How do you measure its effectiveness beyond identifying and assessing risks, especially when we have no other associated indicators?
• How often should I review Risk Registers?

Presenter