The left side is 'likelihood controls' and the right side is 'consequence controls'. Kinda neat, I thought. Certainly, a unique display of a risk matrix.
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Wednesday, September 21, 2011
Bow-ties for risk managers
Have you seen this one before? I had not until I was chasing down ISO 31000:2009, the ISO standard on risk management. In a slide show about that, I found this:
The left side is 'likelihood controls' and the right side is 'consequence controls'. Kinda neat, I thought. Certainly, a unique display of a risk matrix.
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The left side is 'likelihood controls' and the right side is 'consequence controls'. Kinda neat, I thought. Certainly, a unique display of a risk matrix.
