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What is Risk Management?
The Process
Guiding Principles
Step 1
Step 2
Step 3
What to do and how to do it?
Expected results and outputs
Step 4
Step 5
Step 6
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Photo - IcebergExpected results and outputs

  • Estimates of frequency and consequences of risk scenarios.
  • Presentation of frequency and consequence estimates in a format that is easy to understand by non-experts.
  • Estimates of the acceptance of risk by stakeholders, or a record of reasons for nonacceptance, based on dialogue with the stakeholders and a careful documentation of their perception of the risks.

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