Risk - models
This white paper describes the simplest of all risk models; a 3X3 model sometimes called the simplified qualitative risk assessment model or the risk preview model. The risk preview model is often used to evaluate "business risks"; that is, those risks that must be taken into account when evaluating whether or not to go ahead with a project or a strategic plan or a business plan.
This white paper describes a risk model for operations risks. This risk model is at the highest level of planning. It is based on
This white paper describes a risk model for project risks. The risk model used is the same model used for operational risk (5X5). However, for good reason the model assumes that we will only need three levels of risk and therefore only two levels of risk management. It promotes a periodic review throughout the project of this assumption. It gives examples of 37 exposures under 4 categories of operational risk.
