Risk Management Tools
Risk Management is the process of identifying, analyzing and responding to risk factors throughout the life of a project and in the best interests of its objectives.
Purpose of risk management ∗ To identify all possible risks ∗ To reduce risks
Risk Analysis Process ∗ Identify ∗ Assess ∗ Develop Responses ∗ Develop a Proactive Plan or Preventative Measures
Why You Need Risk Management Tools
By using risk management tools you can determine and prioritize risks for assessment and resolution
Risk management tools makes identifying and generating metrics, prioritizing, and developing responses, and tracking risk processes simple
Risk Management tools are designed to do more than just identify the risk
So make use of risk management tools and quantify the risk and predict the impact on the project
Maclear eGRC services offers risk management tools to measure and mitigate risks and reduce impact to the business operation to acceptable tolerance levels
To know more details about Maclear eGRC risk management tool, visit http ://www.maclear-grc.com/solution/risk-management.php