Risk Framework

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

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

Learn how to design a risk management tailored to your organization. Your framework should be easy to understand and adapt to your needs.

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

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

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

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

Learn how to use a risk plot to visualize risks using a qualitative risk model. Risk plots allow you to compare very different risks against each other so you make smarter decisions.

Beware of too much precision in risk management, particularly legal risk management. Learn why you should treat precision carefully.

A quick review of lessons learned about risk management frameworks, including key terms.