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Operational - Coggle Diagram
Operational
Risk
Analysis
Likelihood
Impact
Management
Action taken
Reduce impact
Remove likelihood
Recovery plan
Perception
Understanding
Appreciation
Four Key terms
Impact
Seriousness
Minor
Inconvenient
Major
Problematic
Negligible
Hardly noticed
Severe
Business threat
Types
Financial
Reputational
Operational
Physical
Matrix
Likelihood
Chance of happening
Unlikely
Likely
Rare
Almost certain
Usually defined
Matrix
Hazard
Source
Potential
Negative impact
Risk
Negative consequence
Resilience
Minimise impact
Respond to events
Avoid events
