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RISKS & VENTURES

Category: ISOs & Frameworks

This is where we talk about formal risk management standards and frameworks.

Improving your group decisions with The Nominal Group Technique

2020-05-27 Admin ISOs & Frameworks, Not News of the Day, Practical Risk Management One comment

(This post is part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link.) The Nominal Group Technique is a group decision-making and risk assessment technique which is particularly useful in situations where it is important for each individual in

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When Adding More Restrictions Makes No Sense: The Concept of ALARP

2020-04-30 Admin ISOs & Frameworks, Not News of the Day, Practical Risk Management Leave a comment

(This post is part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). [UPDATE: 30 April 2020. Please note that this post was written before the SARS-CoV-2 virus spread out of China, therefore also before the idea of “a

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Maybe the Most Useful Risk Assessment Technique Ever: the Bow-Tie

2020-03-01 Admin ISOs & Frameworks, Not News of the Day, Practical Risk Management One comment

(This post is part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). Bow-Tie Analysis is one of the reasons we started to think about creating Risks & Ventures.  Really, this isn’t an exaggeration. Bow-Tie Analysis (or “The Bow-Tie

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How to Do Expert Decision-Making with The Delphi Technique

2020-02-27 Admin ISOs & Frameworks, Not News of the Day, Practical Risk Management One comment

(Part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). ” Consult the wise ” (1) In mid-2016 in the run up to the referendum vote on whether the United Kingdom should leave the European Union in 2016, Michael

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Thinking about Plan B with the Structured What-If Technique

2020-02-23 Admin ISOs & Frameworks, Not News of the Day, Practical Risk Management Leave a comment

(Part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). Practical risk management often involves doing things that we kind of do already, but just doing them with a bit more structure and conscious thought. A good example of

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Risk Assessment Techniques – Brainstorming

2020-02-18 Admin ISOs & Frameworks, Not News of the Day, Practical Risk Management 5 comments

Risk Assessment Techniques – Brainstorming  (Part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). When I’m teaching non-risk professionals about practical risk management and I tell them that brainstorming is a genuine, recognised risk management technique that is

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