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Transcript

The risk assesment matrix

What

how

case study

where

pros/cons

quizz & conclusion

A tool used to assess and prioritize the risks associated with a project.

Building a risk matrix together in the case of a petanque tournament

What can it be used for?

Simple, communicative and strategic, BUT subjective and imprecise.

What did you learn?

+ info

+ info

+ info

+ info

+ info

2

4

1

5

3

6

To build the matrix there are different steps.

Conclusion

Risk assesment & prioritization

Clear visualization of risks

Enhanced Management

Where to use the risk matrix ?

Operations management

Risk management

Project management

How to build the risk matrix ?

Identification of risksDefinition of criteriaConstruction of the matrixEvaluation of risksRisk prioritization

1

2

3

4

5

Pros

Cons

Simplicity

Effective communication

Strategic Alignment

Subjectivity

Lack of precision

Oversimplification