Risk Assessment

Risk assessments are carried out for clients across a range of industries, and carried out at both the project and enterprise level. At Risk Point, we believe that risk management is as much about our clients gaining an understanding about what may impact the achievement of their objectives as it is about understanding the issues or risks that they face on a day-to-day basis.

At the commencement of the engagement the business or project goals and objectives are identified. After the context for the risk assessment has been set, the risk framework for the programme is established. Risks are identified through either the interview or workshop process. Risks are entered into Enterprise Risk Assessor (ERA), specialised risk management software from Methodware. The risk register is compiled via input from the client.

After all the risks have been identified, they are assessed for the likelihood of the event or risk occurring and the consequence or impact that the risk may have on the business or project. Each risk is discussed and evaluated with controls that are in place to prevent the risk from occurring. Each risk is also analysed with regard to the organisational objectives that may be impacted should the risk present itself.

For more information about risk assessment, contact us at info@riskpoint.com.au