Risk Assessments

Abstract

Greg and Fred discussing how and why to conduct risk assessments.

Key Points

Join Fred and Greg as they discuss risk assessments.

• ISO defines a risk assessment as: 1. Risk identification; 2. Risk analysis and 3. Risk evaluation.


• Risk assessments must be tailored to the context and organization level.


• Focus the risk assessment.  Don’t boil the ocean.


• Follow process such as Architect, Design, Deploy and Assure (ADDA) to develop appropriate risk – controls. ADDA is the risk equivalent to quality PDCA cycle.

Enjoy an episode of Speaking of Reliability. Where you can join friends as they discuss reliability topics. Join us as we discuss topics ranging from design for reliability techniques to field data analysis approaches.

Related Topics

SOR 804 Risk and Supply Chain(Opens podcast in a new browser tab)

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