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Risk Management

Q1. What am I trying to achieve? (Objective setting, Understanding scope)
Q2. What might affect me? (Risk identification, uncertainties, future events)
Q3. Which from Q2 answers are most important? (Risk assessment, likelihood/impact)
Q4. What should we do about answers to Q3? (Mitigation, Prevention, Avoid/Reduce/Transfer/Accept)
Q5. Did Q4 answers work? (Confirm effectiveness)
Q6. What has changed? (Adapting to changes in the organisation)

Bible Verse

Therefore keep watch, because you do not know on what day your Lord will come.

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