A show of hands: how many of you reading this have done a risk assessment, but felt that after it was completed it was never going to be used for much? I have done many and the results often fall on deaf ears. I have tried a variety of methods, used various tools, and done pretty much everything but stand on my head to get the results noticed. Then I realized what was missing: relevance.
I figured this out when I took a class on Operational Risk (see the excellent book written by Tony Blunden and John Thirlwell). I learned a method of assessing risk that provided context into the risk, possible controls, and costs, all within a quick turnaround time.
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