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Establish The Context

The document outlines a risk management flow chart and assessment questions. The flow chart shows the process for establishing context, identifying risks, analyzing risks through determining likelihood and consequences, evaluating risks, and treating risks. The assessment questions address capability, breakdown/disaster, and capacity considerations for risk assessment initiation.

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Ali
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61 views

Establish The Context

The document outlines a risk management flow chart and assessment questions. The flow chart shows the process for establishing context, identifying risks, analyzing risks through determining likelihood and consequences, evaluating risks, and treating risks. The assessment questions address capability, breakdown/disaster, and capacity considerations for risk assessment initiation.

Uploaded by

Ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Document Number: Appendix

A
Risk Management - Flow Chart Page
Reviewed by:
Rev. S
Approved by:
Date: 10/27/2016

Establish the Context


Communicate and Consult

 The internal context Monitor and Review


 The external context
 The risk management context
 Develop risk criteria
 Define the structure

Risk Identification
 What can happen?
 When are where?
 How and Why?

Risk Analysis
Identify Existing Controls

Determine Determine
Likelihood Consequences

Determine level of risk

Risk Evaluation
 Compare against criteria
 Set priorities

Treat Risks?
No
Yes
Treat Risks
 Identify options
 Assess options
 Prepare and implement treatment
plan
 Analyze and evaluate residual risk
Document Number: Appendix
A
Risk Management – Assessment Questions Page
Reviewed by:
Rev. S
Approved by:
Date: 10/27/2016

Capability Breakdown/Disaster
 Can acceptable products &  Are there contingencies for
services be produced? key equipment breakdown?
 Is equipment capable?  What supplier problems are
 Is there experience with there?
similar designs?  Have disaster preparedness
plans been made?

Risk Assessment
Initiation

Capacity
 Can delivery be made when
requested?
 Does capacity exist within
the supply chain to meet
other requirements?
 Do we have internal
capacity?

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