Our methodology for risk management is adapted to meet the specific needs of the client. Risk is defined as “the chance of something happening that will impact upon objectives, measured in terms of likelihood and consequences”. In short, risk is the possibility that events will occur and affect the achievement of strategy and business objectives.
Companies must identify and manage risks that threaten the achievement of the company’s objectives. By adopting risk management practices, businesses can minimise potential disruptions and make informed decisions.
Our approach encompasses:
Establish appropriate resources
Understand goals and objectives
Risk Identification
Risk Analysis and Assessment
Identify Risk Treatment Strategies
Documenting Risk Management Activities
Monitoring and Review
Documenting Risk Management Policy (where applicable)