Risk management
is an area that helps to coordinate risk, predict risk, and avoid situations
that could lead to a situation to have lost.
To manage risks within your
company, the first thing you should do is to learn about risk management and
the way he works. The risk is actually a likely contingency occur. Several
factors are important to emphasize here that is the event itself, that is what
can happen, the probability of the risk event occurs, the impact or how much
damage it would do if they occur, decrease/increase and mitigation of damages
and, of course, the exposure to risk.
In the daily operation of companies, especially when dealing with projects, what you should always pay attention is planning with include of the risk. This work certainly requires making many documents, reports by various departments of the organization, through which is easier to determine all risk situations. What we must remember is that all this must be part of the documentation of the risk management plan, since it is easier to track and predict when, what to expect.
Various methods can be used to analyze risk in different situations and to determine the impact that would have. Qualitative and quantitative analysis are the two most popular methods that provide to find out the result, the cost of the risk event, and the time of the potential impact.
The next step in the planning process and risk management is a grouping of risks. It is necessary to determine which risk in which group you set and then characterize them as positive or negative. Next, find ways to minimize the impact of risks that could negatively affect your project or your company, and maximize the one that will have a positive outcome.
One person alone cannot submit the integrity of the process of risk management. So organize your team together and give ideas on how more effectively to manage risk. Sure, it is good to share responsibilities and each member of the team to have a separate area where you keep an eye in order to avoid an unexpected situation.
