Risk and Control Assessments

In this video, I will describe five steps that will help you assess your risks and controls in a smart manner. They include, assessing your inherent risk, identifying your controls, assessing your controls, assessing your residual risk, and taking risk mitigation steps if needed. Follow these steps, and you can be confident that you know the state of your risks.
Contact us at optimizedrm.com for more assistance.
Please note that you will need to have developed your risk matrix, as well as determined your risk appetite to successfully perform these steps. If you haven’t done so yet, I recommend that you do so before continuing.
I have videos on how to design your risk matrix and determine your risk appetite and will leave the links to those at the end of this video and in the comment section.
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[@optimizedriskmanagement867]

Please note that you will need to have developed your risk matrix, as well as determined your risk appetite to successfully perform the steps in this video. View this video to design your risk matrix - th-cam.com/video/nGTUtHwYtbA/w-d-xo.html and this video to determine your risk appetite - th-cam.com/video/JwQIFm6vuAM/w-d-xo.html

[@olusolaisrael6776]

This was awesome. Thank you.

[@patriciovillegasjunge5614]

Thanks Karen. Very educational and clear.

[@optimizedriskmanagement867]

Glad it was helpful! Feel free to let me know if there are additional risk management topics you would like me to cover.

[@RajanSingh-pv2mw]

Music could have been avoided, this is not helping and creating disturbance