
Here's what we're going to cover but don't forget that the course comes with two useful resources. The first is a set of tools and templates to help you with your own risk assessment.
The second is a free copy of Beyond The Spreadsheet, my book about the risk assessment which takes many of the how-to elements you'll find in this course and shows these in action as we follow Bobbie as she tackles her first risk assessment. It's a great accompaniment to this course and you can get a free copy below.
Before we look at risk assessments in detail, it's useful to have an overview of the whole process. Here's the risk assessment segment from my Risk Management Basics Course.
If you're new to risk management, I'd recommend you look at that whole course first (don't worry, it's short and free here on Udemy). That's going to familiarize you with the main terms and concepts you'll see in this course.
And don't forget, to get your free copy of Beyond The Spreadsheet. It's going to explain the whole process and put things into context as you follow Bobbie as she tackles her first risk assessment.
Head to the link below and use the code '8otw1bh' at checkout to get your free copy that's included with the course.
Your risk assessment faces many challenges but some of the most significant will occur before you even start. These six challenges are the most common causes of a risk assessment failing to get off the ground or being unsuccessful.
Have these in mind from the very beginning to set yourself up for success.
Before you get started, you need to have a clear idea of what the risk assessment is going to be used for, who the end-user will be, and exactly what it is you need to deliver. Scoping this out as early as possible will ensure your assessment has a clear focus and purpose from the get-go.
Wrap up your scoping and planning process by developing a short objectives statement that summarizes the key points to keep in mind. This will be an invaluable reminder of the purpose of your assessment and help keep you on track as you go.
We need to develop a deep understanding of the organization to be successful with our risk assessment. This will include a thorough review of the relevant documents and in-depth interviews with key individuals. Taking this knowledge and putting it into context will give us the deep understanding that we need to assess the organization's risks.
Here's an overview of that process before we get into the details.
You're going to rely on a lot of different information sources to develop the understanding that you need for your risk assessment. This session will give you an overview of the kind of information to seek out.
Interviews are a rich, valuable source of information but only if you plan and manage these properly. Here's how to prepare for an interview and some dos and don'ts to keep in mind.
It's very easy to lose control of the information you've collected which will slow your project down and can even lead to important facts being omitted. Here's how to make sure you are keeping things in order as you proceed with your project.
This is one of the most critical parts of the whole process: understanding the framework you're going to use. Here's a quick introduction to what we're going to cover.
We've covered a lot of ground in this section and some of it might seem a little abstract so here are some examples of how you pull your framework together.
Now it's time to start preparing the assessment and to share the results with your users. However, there are still things that can go wrong, even at this stage.
Delivering the report is the most important part of the whole process but things can still go wrong. Plan how you're going to deliver the report and don't let your hard work go to waste.
The risk assessment lies at the core of risk management
But it also lies at the heart of understanding what it's going to take to help your organization succeed.
Without a clear understanding of the risks faced, none of the other risk management activities can be undertaken meaning that the organization will remain reactive instead of being able to take proactive steps informed by risk-based decision making.
However, successfully completing a risk assessment can be hard. Unclear direction, poor management buy-in and inconsistent processes mean that many risk assessments are started but few deliver the desired result.
Don't let your organization fail because the risks aren't clear
The Risk Assessment Toolkit solves those challenges to ensure that your next risk assessment is efficient, effective and delivers the results you need.
Whether you just want in-depth instruction on planning and delivering your risk assessment or need a full set of tools, this course gives you what you need. There's even a coaching option to help you work through the specific challenges of your specific project to ensure success.
This is a proven system based on over 15 years of risk management experience and dozens of risk assessments for clients of all sizes worldwide.
This course includes everything you need to ensure your next risk assessment succeeds
It's everything you need to really understand your risks