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2007-09-26 Risk Continuum PDF Print E-mail
Wednesday, 26 September 2007

A picture tells a thousand words (we hope)... and sometimes we use a picture to explain how Active Agenda's modules relate to the risk continuum.

Risk = Uncertainty of loss
Hazard = Increases the likelihood of loss 
Peril = Cause of loss
Loss = Cost
Control = Methods used to reduce or mitigate the impact of loss 

We often use  the Gap Analysis Module to assess an organization's risk. We frequently use the diagram linked above to guide our questions and illustrate Active Agenda's ability to help manage risk. With these practices in mind, and the fact that Active Agenda is pretty comprehensive, we elected to enable the  association of the risk continuum elements with gap analysis items.

Available now.
 
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