Risk Management Tools

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Risk Management Tools
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• 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.

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Purpose of risk management

• To identify all possible risks
• To reduce risks

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Risk Analysis Process

• Identify
• Assess
• Develop Responses
• Develop a Proactive Plan or Preventative Measures

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Why You Need Risk Management Tools

• By using risk management tools you can determine
  and prioritize risks for assessment and
  resolution

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

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

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

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

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