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Risk Management Process Diagram

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Nataraj Kumaravel
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29 views1 page

Risk Management Process Diagram

Uploaded by

Nataraj Kumaravel
Copyright
© Attribution Non-Commercial (BY-NC)
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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Decision Maker

Problem Analyst
Formulation Discussion between analyst
and decision-maker

Identify risks, drivers and


risk management options

Define quantitative Review available data and Design Model


questions to help select possible analysis
between options
Build model
Data

Opinion
Assign probability
distributions
Time Series

Correlations
Run simulation

Validate model
Review results
Flow chart Legend
Finish reporting
Risk management Start/End
-Feasibility
-Efficiency Maintain model
Action

Normal

Possible

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