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Risk Management Tools

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Maclear's risk management solution enables organizations to create and leverage risk registers with identified risks which can be mapped to controls. Schedule assessments to monitor the effectiveness of the controls, track identified gaps and ensure appropriate remediation or authorize exceptions. – PowerPoint PPT presentation

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Provided by: johnmckenzie
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Tags: management | risk | tools

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Title: Risk Management Tools


1
Risk Management Tools
2
  • Risk Management is the process of identifying,
    analyzing and responding to risk factors
    throughout the life of a project and in the best
    interests of its objectives.

3
Purpose of risk management
  • To identify all possible risks
  • To reduce risks

4
Risk Analysis Process
  • Identify
  • Assess
  • Develop Responses
  • Develop a Proactive Plan or Preventative Measures

5
Why You Need Risk Management Tools
  • By using risk management tools you can determine
    and prioritize risks for assessment and
    resolution

6
  • Risk management tools makes identifying and
    generating metrics, prioritizing, and developing
    responses, and tracking risk processes simple

7
  • Risk Management tools are designed to do more
    than just identify the risk

8
  • So make use of risk management tools and quantify
    the risk and predict the impact on the project

9
  • Maclear eGRC services offers risk management
    tools to measure and mitigate risks and reduce
    impact to the business operation to acceptable
    tolerance levels

10
  • To know more details about Maclear eGRC risk
    management tool, visit
  • http//www.maclear-grc.com/solution/risk-managemen
    t.php
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