Feeling overwhelmed by risks? Our infographic breaks down the 5 steps of the risk management life cycle:
Identify: Spot potential problems.
Assess: Weigh the likelihood & impact of each risk.
Measure: Quantify the severity of high-impact risks.
Mitigate: Develop plans to avoid, reduce, or transfer risks. ️
Monitor: Track changes & the effectiveness of your mitigation plans.
Stay prepared! #riskmanagement #infographic #preparedness