IMPLEMENTING RISK MANAGEMENT IN YOUR ORGANIZATION: WHAT TO CONSIDER

The objective of this paper is to provide guidance on what to consider to implement Risk Management within an organization including what practices need to be in place to ensure that leadership will continue to support Risk Management over the long term. It also presents techniques to determine risk severity, risk mitigation methods, ideas for ensuring risk management helps achieve a program’s objectives, and techniques for incorporating risk measurement parameters into a program’s daily execution activities.