LC16: Identify & Mitigate Risk

LeapCard 16 provides an overview of essential risk management techniques.

The first step involves creating a "Gross List" of potential risks. The equation "R = I x P" is used to evaluate risks based on their impact and probability.

To ensure a comprehensive risk assessment, it is important to view risk identification as a collective effort. Risks are evaluated simultaneously to prevent any potential biases. The use of visual aids can help to prioritize risks based on their probability and impact.

By adopting this approach, organizations can proactively mitigate risks and ensure a thorough risk assessment.

LeapCard 16 Content:

    1. LC16: Identify & Mitigate Risk

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    2. Overview and List of Details

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    3. Catalytic Questions

    4. Get me to the church on time

    5. Live Risk Simulation using parallel-places Post-It notes

    6. LeapCard Recap