Risk Events

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  • Event Identification (and capture)
    • Recording event identification information like:
      • What happenned?
      • How it happenned?
      • Why it happenned?
    • Rating of event - "critical" event?
  • Event Impact Assessment
    • Consider the full impact of an event as it allow us to understand the severity, nature and extent of the exposure.
  • Event Escalation
    • Process for risk escalation
  • Event Reporting
  • Event Response - Action Management
    • Actions taken to resolve risk.
    • Some event can be complex and require many actions.
    • Action plans can be developed.
  • Event Completion
  • Event Analysis
    • After event has closed, and analysis is conducted to assist in identifying more effective risk mitigation