The Risk of Using Risk Matrices

Must read for all risk managers. You may ignore the findings, but a must read nevertheless:  The risk matrix (RM) is a widely espoused approach to assess and analyze risks. RMs have been implemented throughout that industry and are extensively used in risk-management contexts. This is evidenced by numerous SPE papers documenting RMs as the…… Continue reading The Risk of Using Risk Matrices

Are risk heat maps useful?

Alex Sidorenko from RISK-ACADEMY talks about risk heat maps and why they are a complete waste of time. There are at least 3 better ways to present risk management information. https://www.youtube.com/watch?v=XFwWLgKUJNQ   Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk