Risk Assessment Process Playbook

This detailed playbook provides risk management professionals with a structured framework for assessing and managing risks within an organisation.
It includes:
– Step-by-Step Process Flow: Outlines key subprocesses—Risk Identification, Risk Analysis, and Risk Mitigation. Each subprocess includes specific tasks, decision points, and error-handling procedures to ensure effective identification, evaluation, and mitigation of risks, with continuous feedback for improvement.
– RACI Framework: Clarifies roles and responsibilities within the risk assessment workflow, ensuring that project managers, risk analysts, and stakeholders are appropriately involved and accountable at each stage of the process.