Definition, threat assessment

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Maksudasm
Posts: 1052
Joined: Thu Jan 02, 2025 6:44 am

Definition, threat assessment

Post by Maksudasm »

At this stage, it is necessary to identify risks, understand their specifics, i.e. their nature and key characteristics. It is also necessary to highlight the features of their impact on business, including the amount of economic damage, changes in threats over time, the presence and degree of interrelation between them. It is important to form an idea of ​​the factors on which the current state of affairs depends.

Requires installation:

reasons for uncertainty;

consequences of the current situation;

sources of information;

numerical determination of risk;

mutual influence of threats existing for the company.

First of all, the 99 acres database organization of risk management requires the formation of an information base - it will then be used when making decisions. Specialists need to collect data on the amount of damage in economic terms, on the threat and its consequences, obtain a quantitative assessment of its parameters, etc. Identification of potential problems and analysis of the situation cannot be performed at one time - this is ongoing work that is carried out in parallel with all risk management activities.

Consideration of available approaches
A risk management specialist has a set of methods at his disposal that can mitigate the threat and reduce potential damage. It is necessary to evaluate and analyze the possibility of using specific methods in the current situation. In other words, it is necessary to understand how to reduce the degree of risk and loss, and select sources to cover them.

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