Posts Tagged ‘risk statement’

Writing a good risk statement

I often review documents describing risks that fail to either make an impression as to the seriousness of the risks or fail to explain the cause and impact of those risks, both results leading to a less well informed risk decision by a non-specialist executive.

It is vital when stating a risk to be clear in communicating the various characteristics and components of the risk without assuming previous knowledge on the part of the reader. Here is the guidance that I often offer as part of my feedback.

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