Risk analysis form

To conduct an effective and actionable risk analysis, you may need the following steps.

1. Establish an Internal Team to Assemble a team of experienced employees to identify problems and risks that the administration faces, which may hinder the achievement of its objectives and affect the institution.
2. Identify Risk Causes and Impacts Understand the causes and impacts of each risk. This helps in determining the likelihood and severity of the risk if it occurs.
3. Develop Effective Policies Create actionable and effective policies to address risks before they occur or to mitigate their impact.
4. Detail Risks, Causes, and Impacts Identify and document the risks, their causes, and potential impacts that could prevent the administration from achieving its objectives.
5. Complete the Attached Template Ensure that all fields in the attached template are filled out, with each risk documented in its own specific section.
6. Obtain Necessary Approvals The completed template must be approved by the head of the administration, the dean, and the college before it is sent to the Risk Management Department.

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