https://getriskmanager.com Helping Protect Your Organisation Mon, 27 Jul 2026 20:09:49 +0000 en-GB hourly 1 https://getriskmanager.com/wp-content/uploads/2019/12/cropped-Favicon-32x32.png https://getriskmanager.com 32 32 https://getriskmanager.com/risk-matrix-calibration/ https://getriskmanager.com/risk-matrix-calibration/#respond Mon, 27 Jul 2026 20:09:49 +0000 https://getriskmanager.com/?p=105122 What is Risk Matrix Calibration? Risk matrix calibration is the process of assigning specific, measurable criteria to each level of likelihood and impact on a risk matrix, so that risk scores are consistent and comparable across an organisation. Calibration is not a one-time setup task. It must be repeated when an organisation changes its risk...]]> https://getriskmanager.com/risk-matrix-calibration/feed/ 0 https://getriskmanager.com/investing-in-risk-management-is-it-worth-it/ https://getriskmanager.com/investing-in-risk-management-is-it-worth-it/#respond Sun, 26 Jul 2026 19:54:47 +0000 https://getriskmanager.com/?p=129325 Yes, investing in risk management is worth it. While it requires an upfront cost, it serves as a financial safety net that reduces preventable losses, lowers insurance premiums, and builds essential stakeholder credibility, safeguarding a business’s long-term viability. Risk management is often overlooked during a start-up because start-ups are led to think it’s too expensive,...]]> https://getriskmanager.com/investing-in-risk-management-is-it-worth-it/feed/ 0 https://getriskmanager.com/the-psychology-of-risk/ https://getriskmanager.com/the-psychology-of-risk/#respond Sat, 25 Jul 2026 19:43:29 +0000 https://getriskmanager.com/?p=123872 What Is the Psychology of Risk? The psychology of risk is the study of how cognitive biases, emotional states, and environmental factors influence human decision-making. While traditional economics assumes rational choice, human behaviour is heavily shaped by mental shortcuts (heuristics) that frequently distort our perception of risk. Humans are fascinating creatures, especially in decision-making in...]]> https://getriskmanager.com/the-psychology-of-risk/feed/ 0 https://getriskmanager.com/risk-monitoring-protect-business/ https://getriskmanager.com/risk-monitoring-protect-business/#respond Fri, 24 Jul 2026 19:32:32 +0000 https://getriskmanager.com/?p=105555 What is Risk Monitoring? Risk monitoring is the ongoing process of tracking, evaluating, and reporting on an organisation’s identified risks to ensure that control and mitigation actions remain effective. It forms a continuous cycle within the broader risk management framework, covering risk reviews, audits, and updates to the risk register. Effective risk monitoring allows businesses...]]> https://getriskmanager.com/risk-monitoring-protect-business/feed/ 0 https://getriskmanager.com/project-managers-risk-control-mitigation/ https://getriskmanager.com/project-managers-risk-control-mitigation/#respond Thu, 23 Jul 2026 19:25:36 +0000 https://getriskmanager.com/?p=10346 Risk control and risk mitigation are two distinct project risk management actions. Risk control reduces the probability of a risk event occurring. Risk mitigation reduces the impact of a risk event once it has occurred. Project managers must apply both: control actions to prevent risks, and mitigation actions to limit damage when risks materialise.]]> https://getriskmanager.com/project-managers-risk-control-mitigation/feed/ 0 https://getriskmanager.com/risk-management-guide-for-beginners/ https://getriskmanager.com/risk-management-guide-for-beginners/#respond Wed, 22 Jul 2026 19:14:21 +0000 https://getriskmanager.com/?p=129030 What is Risk Management? Risk management is the systematic process of identifying, assessing, and mitigating potential threats and opportunities that could affect an organisation’s goals. Key Takeaways Basic Risk Framework Framework Stage Primary Action Beginner Goal 1. Identification Brainstorming and listing vulnerabilities Documenting “What could go wrong?” 2. Analysis Scoring by Likelihood (1-5) and Impact...]]> https://getriskmanager.com/risk-management-guide-for-beginners/feed/ 0 https://getriskmanager.com/risk-taking-embrace-opportunities-navigate-threats/ https://getriskmanager.com/risk-taking-embrace-opportunities-navigate-threats/#respond Tue, 21 Jul 2026 18:59:35 +0000 https://getriskmanager.com/?p=123849 Life is a series of opportunities, but often, these opportunities come with risks. Risk-taking is an art that requires courage, calculated decision-making, and an ability to navigate uncertainty. In this article, we’ll explore the art of risk-taking and how it can lead to personal and professional growth. By understanding the mindset of successful risk-takers, learning...]]> https://getriskmanager.com/risk-taking-embrace-opportunities-navigate-threats/feed/ 0 https://getriskmanager.com/risk-reporting-and-communication/ https://getriskmanager.com/risk-reporting-and-communication/#respond Mon, 20 Jul 2026 18:47:23 +0000 https://getriskmanager.com/?p=104938 What Is Effective Risk Reporting and Communication? Effective risk reporting and communication ensure that an organisation can aggressively pursue growth while maintaining a bulletproof safety net. Without clear channels for risk data, leadership makes blind decisions, and external stakeholders lose trust. This guide breaks down the precise internal accountabilities, from the boardroom to individual contributors,...]]> https://getriskmanager.com/risk-reporting-and-communication/feed/ 0 https://getriskmanager.com/what-is-a-contingency-plan/ https://getriskmanager.com/what-is-a-contingency-plan/#respond Sun, 19 Jul 2026 18:42:29 +0000 https://getriskmanager.com/?p=104851 Contingency planning is a component of all risk management business strategies, including continuity and disaster recovery.]]> https://getriskmanager.com/what-is-a-contingency-plan/feed/ 0 https://getriskmanager.com/digital-transformation-risk-management/ https://getriskmanager.com/digital-transformation-risk-management/#respond Sat, 18 Jul 2026 18:23:27 +0000 https://getriskmanager.com/?p=128991 What is Digital Transformation Risk Management and Why Does It Matter? When an organisation undergoes digital transformation, it isn’t just upgrading its software; it is fundamentally rewriting how it operates. Whether migrating data to the cloud, automating workflows, or integrating AI, adopting new technology introduces rapid change. If that change goes unmanaged, it creates massive...]]> https://getriskmanager.com/digital-transformation-risk-management/feed/ 0