ISO 31000

Overview of key concepts for risk management frameworks. What is a risk management framework? How do you develop and use a risk management framework?

Gain a quick introduction to risk management and legal risk. Get an overview of the entire video series.

These core principles will help you evaluate the legal risk framework for your organization.

This video outlines the steps to spot and rate legal risks. We will also cover risk treatment or risk mitigation.

Risk management must confront three significant issues. Critical versus chronic issues, uncertainty, and screening.

A risk assessment goes through three phases - identification, analysis, and evaluation.

Understand the important concepts in a risk management framework, like mandate, design, implementation, and more.

Learn important definitions for risk management. This foundational video presents definitions in clear language that are used throughout the series.

To identify risks is to look for, imagine, and dig up potential problems and then put them on a list.

Learn the basics of risk and risk management. Practical examples lay the foundation for understanding risk.

The risk criteria guide our recommendations about what to do with a given risk or collection of risks. We define what risk is a acceptable to the organization.

Get executive support for risk management in your organization. Learn what a risk management mandate is and how to get one.

Risk and uncertainty are inescapable. But you can measure and manage them.

In risk analysis, we probe the depths of a single risk. It is an investigation of a risk that results in a rating and input for risk evaluation. Risk analysis values depth over breadth. In a risk analysis, we want to rate the likelihood and consequences of a risk event. Now you might ask, But we did that during the risk identification?

Learn a simple, effective way to develop risk models. This technique is especially useful for risks that are difficult to quantify, like legal risk.

Why is legal risk special? There are four types of legal risk - contract risk, litigation risk, regulatory risk, and policy risk. Understand all four.

This video covers how to measure the likelihood and consequences of legal risk as part of your legal risk analysis.

Watch this video to learn about effective techniques for presenting risk data to management.

According to ISO 31000, risk is the effect of uncertainty on objectives. But what does that mean?

Learn how to develop a risk management heat map. Understand the limitations and pitfalls with a heat map to report of risks.