presentation of risks

• How it works
• Case studies

11 ways to present top risks to the board

When approaching the challenge of risk reporting, there are a number of key questions risk leaders may want to ask themselves: how do you present top risks to the board, what’s the best way of engaging with them, and what information do they need to know?

These questions have been at the centre of risk reporting discussions held by our network of risk managers, who regularly interact with each other about the challenges they face when trying to communicate with different levels of the business about the risks they face.

To summarise the range of practical insights exchanged by Risk Leadership Network members about their experiences reporting on risks to the board, we have highlighted 11 key pieces of advice below.

1. Most boards like it to the point

Know your board members and be aware of how knowledgeable they are about risk-related matters. Do they have a lot of knowledge or not? Are they especially into risk? This may impact how you report to them.

2. Mitigate the need for detail

Organising pre-meetings with board members who want to receive a more detailed overview of the risks facing the business can help you mitigate the effect of their influence.

The risk report should be a catalyst for an informed discussion on risk, as opposed to a simple box-ticking exercise that just creates administrative burden for board members.

3. Get feedback

Get feedback from the board and CEO on what they are looking for.

Depending on the business and its reporting structure, this may not always be possible, so focus instead on what is most important for the board:

• What risk information will help them execute their current strategy?
• What assurance can you give them about the control environment of key risks?
• Check the information you are presenting against the question that the board will inevitably ask: so what?

4. Focus on KRIs

A risk report focused on high-level aggregated KRIs and appetite can give the board a better view of which risks and opportunities the company should focus on right now.

5. Include emerging risks

Include emerging risks and horizon scanning findings. This can provide an insight into which direction the organisation should be looking at, as well as helping the risk team to apply a strategic lens to the business' key risks and opportunities.

6. Don’t focus on long-term risks

The biggest and most important risks to a company will often be those long-term threats and opportunities that the board are aware of; hence the same risks could be presented over and over again. Unsurprisingly, the board will not need (nor want) to hear about these repeatedly.

7. Highlight risks you want the board to consider

Highlight the risks you want the board to discuss and those you need guidance on.

These could be:

• New and emerging risks, or risks related to new strategies
• Ways to enhance your risk management maturity or simplify your current approach
• Risk appetite/risk tolerance
• Whatever you believe would be relevant for them and helpful for management/you.

8. Talk in plain English

The board will want to talk about the business in plain English – without reference to special risk techniques, templates or terminology.

Ultimately, if you can tell them something they didn't know, then you've already added value.

Take two or three risk topics they intuitively understand, bring in the risk owner, and try to frame the risk as a problem statement with a clear gap, while referring to a few internal data points or facts that they may not be aware of.

This tends to result in lively discussion, a focus on practical actions and an ongoing review of progress.

9. Break up the discussion into manageable pieces

Break up any prolonged interaction and discussions with the board into manageable pieces that are very focused on the purpose of the session.

10. Strike a balance

Regular reporting needs to strike a balance between qualitative and quantitative, historic and forward-looking, summary and detailed, financial and non-financial risks.

Deep dives should be called out separately to regular reporting.

Likewise, more strategic sessions should focus on a much longer time horizon and focus and strategic risks.

11. Use visuals

Boards (and risk and audit committees) prefer visual presentations of top risks. Risk dashboards, highlighting key actions to be taken or already in place, are a good start.

Actions and decisions should come out of these meetings.

Are you an in-house risk leader who would benefit from collaborating with a global network of senior risk professionals? All our collaborations are bespoke and tailored to our members needs - so let us know what your risk reporting priorities are , and we'll look for an appropriate opportunity. 

Related posts you may be interested in.

Three ways to improve your emerging risk management framework

Communicating the status of material risks: three common approaches and three alternatives

Six risk management highlights – and what’s to come in 2021

Get new posts by email.

These cookies are required for the website to run and cannot be switched off. Such cookies are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but this might affect the way our site is working.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.

These cookies enable our website to offer additional functions and personal settings. They can be set by us or by third-party service providers that we have placed on our pages. If you do not allow these cookies, these services may not work properly.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

How to Make Risk Management Presentations Engaging and Actionable Across Your Organization

Life is full of risk. We face risks from the moment we wake up in the morning until we fall asleep at night. Will the alarm fail to sound? Will I get into a car accident on my way to work? Will I catch a virus when I go to dinner? Heck, there’s a risk— no matter how small— that we will die in our sleep during each night.

Risk is simply an inherent element of everything we do, and business is no exception. Will a vital employee quit, or will there be a labor shortage? What will happen in the stock market, and how will it impact the economy? What if there is an accident or a lawsuit involving the company? What happens if a new product fails? What actions will be taken in the event of a security breach or equipment failure?

We might not be able to prevent risk, but we can manage it. Managing business risk requires identifying and understanding risks while seeking ways to reduce risk in a way that also supports other business goals.

Companies heavily invest every year in ways to mitigate and respond to risk. But how do they make sure everyone is on board? 

There might be a variety of ways to communicate a risk management plan to all the relevant players, but a visual presentation can be effective in not only presenting the risk management plan, but also ensuring that it is engaging and actionable across your organization.

What to include when you prepare a risk management plan:

A written risk management plan for business should not only include a listing of possible risks, but it also should feature plans to manage risk and respond to incidents.

• Identify risks

Risk management refers to a variety of business aspects, both internal weaknesses, and external threats. Like much in life, knowing is half the battle, and therefore identifying risks is key in addressing them. 

Risk management should be considered before embarking on any new task or project, and everyone connected to a business should be encouraged to identify additional risks. Not only should the risk itself be considered, but companies also should identify possible consequences to better prepare to address each one.

• Minimize risks

A variety of strategies are available to manage and minimize risks once they are identified. One popular method of mitigating risk involves the 4Ts:

• Transfer risk by assigning a responsible team or party to each identified risk.
• Tolerate risk by monitoring it before taking further action.
• Treat risk by taking actions that reduce the likelihood that it will occur.
• Terminate risk by adopting or amending processes that eliminate it.
• Assign roles

Staff members should be assigned to each potential risk or risk category. These individuals will be responsible for mitigating their assigned risks, as well as reporting and responding to applicable incidents. A list of these roles should be included in the risk management plan.

• Plan recovery

Each risk included in the management plan must be followed by a strategy for preventing and addressing issues. An effective risk management plan will include a compilation of business projects, the risk applicable to each and an operational plan to respond and recover from incidents. Part of that plan also should include updating mitigation efforts following an incident to prevent it from repeating.

• Communicate plan

A risk management plan can’t be effective unless everyone within a company is on board. In addition to presenting the plan to principle players, be sure that it is also published somewhere that the full risk management plan can be accessed and understood by anyone within the company at any time.

• Rinse and repeat

The most effective risk management plans are living documents, continually updated with new or changed risks and new strategies to address them. Each risk outlined in the plan should be periodically reevaluated and new risks identified. The plan also should be monitored along with staff turnover to ensure no tasks fall through the cracks.

Tips to make risk management presentations engaging and actionable across your organization:

Audience engagement is vital to a successful risk management training presentation. After all, if staff and executives are asleep they will hardly become familiar with the plan and their assigned roles.

• Include visual assets

About 90 percent of human thought is visually-based. Therefore, it’s no shocker that including visual assets within a presentation is one of the most effective strategies for engaging all types of audiences . 

Releasing the risk management plan through a visual presentation is a great start, but the content within the slide deck is just as important. After all, the average PowerPoint slide includes 40 words , which is entirely too many. Instead, include more images, videos and animations within a financial risk management presentation or any other risk management training presentations.

• Illustrate data

Data is one of the most convincing sorts of content that can be presented to an audience. As anyone can attest— at least in most cases— numbers don’t lie. In fact, they can tell their own stories. A crowded slide full of stats and figures is a quick way to send your audience off to Dreamland. 

Instead, illustrate your data through infographics. Beautiful.ai offers a host of various infographics through our smart slide templates. Just input your data and watch our artificial intelligence-powered presentation software design the infographic accordingly. Choose from infographics like scattergraphs , process diagrams , pie charts and bar graphs to tell the story of different risks and strategies to address them.

• Tell a story

According to the 2018 State of Attention survey, almost 90 percent of respondents said a strong narrative or story backing a presentation is critical in maintaining audience engagement. Sure, facts and data can persuade audiences and get them on board, but only if people are paying attention. 

Stories have kept audiences engaged since before recorded history. Tell the story of your risk management plan by including real-life examples or by creating a character for hypothetical scenarios. Those unsure how to incorporate a story into the structure of their presentation can look to Beautiful.ai’s various presentation templates for inspiration.

• Include your audience

If you really want to keep your audience engaged with your risk management presentation slides, be sure you talk with people, not at them. Include your audience in your presentation by asking questions, taking surveys or presenting group activities. Of course, the first step is identifying who makes up that audience. You won’t necessarily present the same content to an executive board as to a room full of new hires.

One effective way to engage an audience with a risk management plan presentation from the very start is through a pre-presentation quiz or survey that gauges how much participants already know about risk management, like this example from the U.S. Small Business Association. Not only will the activity engage the audience, but it will alert participants to what they don’t know from the very start. Other engagement tools include Q&A sessions, humor and gamification.

As mentioned, the average PowerPoint slide consists of 40 words… way too many to keep audiences engaged. Remember, your presentation should be based on an outline of your plan, not a verbatim recitation of it. 

Not only are uncluttered slides more effective, but shorter presentations also are more effective than longer ones, based on both audience attention and respect for time. Especially when delivering a risk management board presentation, it’s vital to respect your audience’s time. Beautiful.ai’s library of presentation templates can serve as a guideline to effective presentation lengths for a variety of topics.

Samantha Pratt Lile

Samantha is an independent journalist, editor, blogger and content manager. Examples of her published work can be found at sites including the Huffington Post, Thrive Global, and Buzzfeed.

Recommended Articles

26 proven lead magnet ideas to generate leads on your website, how to do great employee training and development in the era of remote work, tiktok vs. reels: how to define your social media strategy, top 9 powerpoint alternatives in 2018.

Home / Resources / ISACA Journal / Issues / 2021 / Volume 2 / Risk Assessment and Analysis Methods

Risk assessment and analysis methods: qualitative and quantitative.

A risk assessment determines the likelihood, consequences and tolerances of possible incidents. “Risk assessment is an inherent part of a broader risk management strategy to introduce control measures to eliminate or reduce any potential risk- related consequences.” 1 The main purpose of risk assessment is to avoid negative consequences related to risk or to evaluate possible opportunities.

It is the combined effort of:

• “…[I]dentifying and analyzing possible future events that could adversely affect individuals, assets, processes and/or the environment (i.e.,risk analysis)”
• “…[M]aking judgments about managing and tolerating risk on the basis of a risk analysis while considering influencing factors (i.e., risk evaluation)” 2

Relationships between assets, processes, threats, vulnerabilities and other factors are analyzed in the risk assessment approach. There are many methods available, but quantitative and qualitative analysis are the most widely known and used classifications. In general, the methodology chosen at the beginning of the decision-making process should be able to produce a quantitative explanation about the impact of the risk and security issues along with the identification of risk and formation of a risk register. There should also be qualitative statements that explain the importance and suitability of controls and security measures to minimize these risk areas. 3

In general, the risk management life cycle includes seven main processes that support and complement each other ( figure 1 ):

• Determine the risk context and scope, then design the risk management strategy.
• Choose the responsible and related partners, identify the risk and prepare the risk registers.
• Perform qualitative risk analysis and select the risk that needs detailed analysis.
• Perform quantitative risk analysis on the selected risk.
• Plan the responses and determine controls for the risk that falls outside the risk appetite.
• Implement risk responses and chosen controls.
• Monitor risk improvements and residual risk.

Qualitative and Quantitative Risk Analysis Techniques

Different techniques can be used to evaluate and prioritize risk. Depending on how well the risk is known, and if it can be evaluated and prioritized in a timely manner, it may be possible to reduce the possible negative effects or increase the possible positive effects and take advantage of the opportunities. 4 “Quantitative risk analysis tries to assign objective numerical or measurable values” regardless of the components of the risk assessment and to the assessment of potential loss. Conversely, “a qualitative risk analysis is scenario-based.” 5

Qualitative Risk The purpose of qualitative risk analysis is to identify the risk that needs detail analysis and the necessary controls and actions based on the risk’s effect and impact on objectives. 6 In qualitative risk analysis, two simple methods are well known and easily applied to risk: 7

• Keep It Super Simple (KISS) —This method can be used on narrow-framed or small projects where unnecessary complexity should be avoided and the assessment can be made easily by teams that lack maturity in assessing risk. This one-dimensional technique involves rating risk on a basic scale, such as very high/high/medium/low/very.
• Probability/Impact —This method can be used on larger, more complex issues with multilateral teams that have experience with risk assessments. This two-dimensional technique is used to rate probability and impact. Probability is the likelihood that a risk will occur. The impact is the consequence or effect of the risk, normally associated with impact to schedule, cost, scope and quality. Rate probability and impact using a scale such as 1 to 10 or 1 to 5, where the risk score equals the probability multiplied by the impact.

Qualitative risk analysis can generally be performed on all business risk. The qualitative approach is used to quickly identify risk areas related to normal business functions. The evaluation can assess whether peoples’ concerns about their jobs are related to these risk areas. Then, the quantitative approach assists on relevant risk scenarios, to offer more detailed information for decision-making. 8 Before making critical decisions or completing complex tasks, quantitative risk analysis provides more objective information and accurate data than qualitative analysis. Although quantitative analysis is more objective, it should be noted that there is still an estimate or inference. Wise risk managers consider other factors in the decision-making process. 9

Although a qualitative risk analysis is the first choice in terms of ease of application, a quantitative risk analysis may be necessary. After qualitative analysis, quantitative analysis can also be applied. However, if qualitative analysis results are sufficient, there is no need to do a quantitative analysis of each risk.

Quantitative Risk A quantitative risk analysis is another analysis of high-priority and/or high-impact risk, where a numerical or quantitative rating is given to develop a probabilistic assessment of business-related issues. In addition, quantitative risk analysis for all projects or issues/processes operated with a project management approach has a more limited use, depending on the type of project, project risk and the availability of data to be used for quantitative analysis. 10

The purpose of a quantitative risk analysis is to translate the probability and impact of a risk into a measurable quantity. 11 A quantitative analysis: 12

• “Quantifies the possible outcomes for the business issues and assesses the probability of achieving specific business objectives”
• “Provides a quantitative approach to making decisions when there is uncertainty”
• “Creates realistic and achievable cost, schedule or scope targets”

Consider using quantitative risk analysis for: 13

• “Business situations that require schedule and budget control planning”
• “Large, complex issues/projects that require go/no go decisions”
• “Business processes or issues where upper management wants more detail about the probability of completing on schedule and within budget”

The advantages of using quantitative risk analysis include: 14

• Objectivity in the assessment
• Powerful selling tool to management
• Direct projection of cost/benefit
• Flexibility to meet the needs of specific situations
• Flexibility to fit the needs of specific industries
• Much less prone to arouse disagreements during management review
• Analysis is often derived from some irrefutable facts

THE MOST COMMON PROBLEM IN QUANTITATIVE ASSESSMENT IS THAT THERE IS NOT ENOUGH DATA TO BE ANALYZED.

To conduct a quantitative risk analysis on a business process or project, high-quality data, a definite business plan, a well-developed project model and a prioritized list of business/project risk are necessary. Quantitative risk assessment is based on realistic and measurable data to calculate the impact values that the risk will create with the probability of occurrence. This assessment focuses on mathematical and statistical bases and can “express the risk values in monetary terms, which makes its results useful outside the context of the assessment (loss of money is understandable for any business unit). 15  The most common problem in quantitative assessment is that there is not enough data to be analyzed. There also can be challenges in revealing the subject of the evaluation with numerical values or the number of relevant variables is too high. This makes risk analysis technically difficult.

There are several tools and techniques that can be used in quantitative risk analysis. Those tools and techniques include: 16

• Heuristic methods —Experience-based or expert- based techniques to estimate contingency
• Three-point estimate —A technique that uses the optimistic, most likely and pessimistic values to determine the best estimate
• Decision tree analysis —A diagram that shows the implications of choosing various alternatives
• Expected monetary value (EMV) —A method used to establish the contingency reserves for a project or business process budget and schedule
• Monte Carlo analysis —A technique that uses optimistic, most likely and pessimistic estimates to determine the business cost and project completion dates
• Sensitivity analysis —A technique used to determine the risk that has the greatest impact on a project or business process
• Fault tree analysis (FTA) and failure modes and effects analysis (FMEA) —The analysis of a structured diagram that identifies elements that can cause system failure

There are also some basic (target, estimated or calculated) values used in quantitative risk assessment. Single loss expectancy (SLE) represents the money or value expected to be lost if the incident occurs one time, and an annual rate of occurrence (ARO) is how many times in a one-year interval the incident is expected to occur. The annual loss expectancy (ALE) can be used to justify the cost of applying countermeasures to protect an asset or a process. That money/value is expected to be lost in one year considering SLE and ARO. This value can be calculated by multiplying the SLE with the ARO. 17 For quantitative risk assessment, this is the risk value. 18

USING BOTH APPROACHES CAN IMPROVE PROCESS EFFICIENCY AND HELP ACHIEVE DESIRED SECURITY LEVELS.

By relying on factual and measurable data, the main benefits of quantitative risk assessment are the presentation of very precise results about risk value and the maximum investment that would make risk treatment worthwhile and profitable for the organization. For quantitative cost-benefit analysis, ALE is a calculation that helps an organization to determine the expected monetary loss for an asset or investment due to the related risk over a single year.

For example, calculating the ALE for a virtualization system investment includes the following:

• Virtualization system hardware value: US$1 million (SLE for HW)
• Virtualization system management software value: US$250,000 (SLE for SW)
• Vendor statistics inform that a system catastrophic failure (due to software or hardware) occurs one time every 10 years (ARO = 1/10 = 0.1)
• ALE for HW = 1M * 1 = US$100,000
• ALE for SW = 250K * 0.1 = US$25,000

In this case, the organization has an annual risk of suffering a loss of US$100,000 for hardware or US$25,000 for software individually in the event of the loss of its virtualization system. Any implemented control (e.g., backup, disaster recovery, fault tolerance system) that costs less than these values would be profitable.

Some risk assessment requires complicated parameters. More examples can be derived according to the following “step-by-step breakdown of the quantitative risk analysis”: 19

• Conduct a risk assessment and vulnerability study to determine the risk factors.
• Determine the exposure factor (EF), which is the percentage of asset loss caused by the identified threat.
• Based on the risk factors determined in the value of tangible or intangible assets under risk, determine the SLE, which equals the asset value multiplied by the exposure factor.
• Evaluate the historical background and business culture of the institution in terms of reporting security incidents and losses (adjustment factor).
• Estimate the ARO for each risk factor.
• Determine the countermeasures required to overcome each risk factor.
• Add a ranking number from one to 10 for quantifying severity (with 10 being the most severe) as a size correction factor for the risk estimate obtained from company risk profile.
• Determine the ALE for each risk factor. Note that the ARO for the ALE after countermeasure implementation may not always be equal to zero. ALE (corrected) equals ALE (table) times adjustment factor times size correction.
• Calculate an appropriate cost/benefit analysis by finding the differences before and after the implementation of countermeasures for ALE.
• Determine the return on investment (ROI) based on the cost/benefit analysis using internal rate of return (IRR).
• Present a summary of the results to management for review.

Using both approaches can improve process efficiency and help achieve desired security levels. In the risk assessment process, it is relatively easy to determine whether to use a quantitative or a qualitative approach. Qualitative risk assessment is quick to implement due to the lack of mathematical dependence and measurements and can be performed easily. Organizations also benefit from the employees who are experienced in asset/processes; however, they may also bring biases in determining probability and impact. Overall, combining qualitative and quantitative approaches with good assessment planning and appropriate modeling may be the best alternative for a risk assessment process ( figure 2 ). 20

Qualitative risk analysis is quick but subjective. On the other hand, quantitative risk analysis is optional and objective and has more detail, contingency reserves and go/no-go decisions, but it takes more time and is more complex. Quantitative data are difficult to collect, and quality data are prohibitively expensive. Although the effect of mathematical operations on quantitative data are reliable, the accuracy of the data is not guaranteed as a result of being numerical only. Data that are difficult to collect or whose accuracy is suspect can lead to inaccurate results in terms of value. In that case, business units cannot provide successful protection or may make false-risk treatment decisions and waste resources without specifying actions to reduce or eliminate risk. In the qualitative approach, subjectivity is considered part of the process and can provide more flexibility in interpretation than an assessment based on quantitative data. 21 For a quick and easy risk assessment, qualitative assessment is what 99 percent of organizations use. However, for critical security issues, it makes sense to invest time and money into quantitative risk assessment. 22 By adopting a combined approach, considering the information and time response needed, with data and knowledge available, it is possible to enhance the effectiveness and efficiency of the risk assessment process and conform to the organization’s requirements.

1 ISACA ® , CRISC Review Manual, 6 th Edition , USA, 2015, https://store.isaca.org/s/store#/store/browse/detail/a2S4w000004Ko8ZEAS 2 Ibid. 3 Schmittling, R.; A. Munns; “Performing a Security Risk Assessment,” ISACA ® Journal , vol. 1, 2010, https://www.isaca.org/resources/isaca-journal/issues 4 Bansal,; "Differentiating Quantitative Risk and Qualitative Risk Analysis,” iZenBridge,12 February 2019, https://www.izenbridge.com/blog/differentiating-quantitative-risk-analysis-and-qualitative-risk-analysis/ 5 Tan, D.; Quantitative Risk Analysis Step-By-Step , SANS Institute Information Security Reading Room, December 2020, https://www.sans.org/reading-room/whitepapers/auditing/quantitative-risk-analysis-step-by-step-849 6 Op cit Bansal 7 Hall, H.; “Evaluating Risks Using Qualitative Risk Analysis,” Project Risk Coach, https://projectriskcoach.com/evaluating-risks-using-qualitative-risk-analysis/ 8 Leal, R.; “Qualitative vs. Quantitative Risk Assessments in Information Security: Differences and Similarities,” 27001 Academy, 6 March 2017, https://advisera.com/27001academy/blog/2017/03/06/qualitative-vs-quantitative-risk-assessments-in-information-security/ 9 Op cit Hall 10 Goodrich, B.; “Qualitative Risk Analysis vs. Quantitative Risk Analysis,” PM Learning Solutions, https://www.pmlearningsolutions.com/blog/qualitative-risk-analysis-vs-quantitative-risk-analysis-pmp-concept-1 11 Meyer, W. ; “Quantifying Risk: Measuring the Invisible,” PMI Global Congress 2015—EMEA, London, England, 10 October 2015, https://www.pmi.org/learning/library/quantitative-risk-assessment-methods-9929 12 Op cit Goodrich 13 Op cit Hall 14 Op cit Tan 15 Op cit Leal 16 Op cit Hall 17 Tierney, M.; “Quantitative Risk Analysis: Annual Loss Expectancy," Netwrix Blog, 24 July 2020, https://blog.netwrix.com/2020/07/24/annual-loss-expectancy-and-quantitative-risk-analysis 18 Op cit Leal 19 Op cit Tan 20 Op cit Leal 21 ISACA ® , Conductin g a n IT Security Risk Assessment, USA, 2020, https://store.isaca.org/s/store#/store/browse/detail/a2S4w000004KoZeEAK 22 Op cit Leal

Volkan Evrin, CISA, CRISC, COBIT 2019 Foundation, CDPSE, CEHv9, ISO 27001-22301-20000 LA

Has more than 20 years of professional experience in information and technology (I&T) focus areas including information systems and security, governance, risk, privacy, compliance, and audit. He has held executive roles on the management of teams and the implementation of projects such as information systems, enterprise applications, free software, in-house software development, network architectures, vulnerability analysis and penetration testing, informatics law, Internet services, and web technologies. He is also a part-time instructor at Bilkent University in Turkey; an APMG Accredited Trainer for CISA, CRISC and COBIT 2019 Foundation; and a trainer for other I&T-related subjects. He can be reached at [email protected] .

• Strategy Templates

Consulting Templates

• Market Analysis Templates

• Business Case

• Consulting Proposal

• Due Diligence Report

All Templates

Mastering risk mitigation slides: a best practice guide with examples.

Table of contents

What is a risk mitigation slide, how does the risk mitigation slide fit into a risk management strategy, how to create risk mitigation slides like mckinsey consultants, best practices for creating risk mitigation slides.

In the world of project management and business planning, anticipating and addressing potential risks is crucial. Enter the risk mitigation slide - a powerful tool for communicating your risk management strategy. But what exactly is a risk mitigation slide, how do you create one, and what are the best practices? In this article, we bring you real-life examples and best practices based on our years as McKinsey, BCG, and Bain consultants. Let's dive in.

In every project that ends in an implementation plan there will typically be some unknowns or risks associated with the proposed plan. This is especially true for radical new strategies or when launching new products or businesses. An important part of every project where this might be the case is therefore to identify, assess, prioritize, and plan for these potential risks. Once the implementation starts, you need to monitor and manage the risks according to your plan.

The high-level risk management strategy process

A risk mitigation slide is a visual representation of potential risks to a project or business venture and the strategies to address them. In other words, the risk mitigation slide sums up steps 1-4 in the risk management process.

The purpose of a risk management strategy is to:

• Decrease the probability of a risk happening or, if possible, completely remove the risk
• Decrease the level of impact if the risk where to happen

In this context, the risk mitigation slide serves several important purposes:

• Identification: It lists the key risks that could impact the success of a project or business.
• Assessment: It most often includes an evaluation of the likelihood and potential impact of each risk.
• Mitigation strategies: For each identified risk, it presents specific actions or plans to reduce the probability of the risk occurring or to minimize its impact if it does occur.
• Accountability: It may assign responsibility for managing each risk to specific team members or departments.
• Transparency: It demonstrates to stakeholders that potential problems have been considered and planned for, showing due diligence and foresight.

When done well, the risk mitigation slide is an effective and efficient way to communicate your overall risk management strategy and crucial to ensure you have thought through and planned for the potential downfalls and barriers to implementing your proposed solution.

You can read an excellent McKinsey article on building resilience through better risk management here . Or check out a new approach to risk management from BCG here .

To create a risk mitigation slide you essentially need to run through steps 1-4 in the above figure. Once you have completed these steps, you summarize the findings in a visual representation in the risk mitigation slide(s).

Step 1: Identify the potential risks

Although you can of course never know what you don’t know and unexpected things will always happen, you can still list known risk factors.

A practical way to do this is to think through each type of risk and how they might apply to your particular project or plan. The typical risk categories are:

• Financial risks (e.g., budget overruns, funding issues)
• Technical risks (e.g., technology failures, integration problems)
• Operational risks (e.g., supply chain disruptions, resource shortages)
• Legal/Compliance risks (e.g., regulatory changes, intellectual property issues)
• Market risks (e.g., changes in customer demand, competitive threats)

You can look up specific typical areas of risk for your industry or type of business to kickstart your brainstorm. See examples on types or categories of risks from BCG and McKinsey in the figures below.

An example from BCG of types of risks that businesses typically face from their 2017 article "The Art of Risk Management"

Different types of risks as classified by McKinsey in their 2019 article "Transforming risk efficiency and effectiveness"

Step 2: Assess each risk

Now that you have a list of risks you want a way to understand and compare the severity of each risk to the rest to later decide where and what to spend money mitigating and monitoring.  Therefore, you need to assess each risk on two dimensions:

• Impact: What is the impact on our project/business/venture if this risk were to occur?
• Probability: How likely is it that this risk will occur?

The risk severity is then defined as:

You typically want to grade both the impact and probability dimensions on a simple scale, e.g., an impact scale that runs from negligible to catastrophic.

An example of a risk impact assessment scale

You can also simply assess each risk with a classic traffic light scale of green-yellow-red, depending on what level of depth you need. Then the colors often correspond to the following:

• Low probability/low impact: Green
• Medium probability/medium impact: Yellow
• High probability/high impact: Red

See an example of how this is done in real cases in the below slide from our Business Case PowerPoint template .

An example from a real-life case on simple color coding of risks from our Business Case PowerPoint template

Step 3: Prioritize risks to create an overall risk map

Once each risk has been scored, you should create a simple visualization to understand the overall risk picture.

The most common way to do this is by plotting the risks in an impact-probability matrix where the most severe risks are in the upper righthand corner:

An example of what a risk assessment matrix can look like before each individual risk is plotted onto it

By using a matrix visualization you can quickly communicate how many risks are high-priority and prioritize which risks you need to put resources toward mitigating, if possible, or at the very least monitoring with early-warning indicators.

See some examples of risk severity matrices from McKinsey below.

An example of a simple but effective risk prioritization matrix from McKinsey

A second example of how the probability and impact dimensions can be used from McKinsey

Step 4: Develop mitigation strategies for each risk

You now have a complete picture of the potential risks to your implementation plan. The next step is then to outline possible mitigations strategies for each risk.

Common mitigation strategies include:

• Avoid: Eliminate the risk by changing plans
• Transfer: Shift the risk to another party (e.g., through insurance)
• Reduce: Reduce the probability or impact of the risk
• Accept: Acknowledge the risk but take no action (for low-impact risks)

To optimize time, you should focus on high-probability, high-impact risks. For each risk, consider how this risk can be mitigated or potentially completely avoided. Write down the possible mitigation strategies, ideally with concrete actions that should be taken now or once the risk materializes. Consider naming an accountable person or team that “owns” that risk.

See an example of how BCG has outlined mitigation strategies below (the full deck can be found here ).

An example from a BCG client project showing different mitigation strategies

See more on using risk mitigation slides in a commercial due diligence report in our article here .

Step 5: Summarize the previous steps in one or a few slides

The final step is creating the actual risk mitigation slide(s). Since you have done everything up until now, this step is simple. Just take everything and condense into a few simple slides like the example below from our Business Case PowerPoint template .

Real-life example of a risk mitigation slide from our Business Case template

A follow-up slide to the previous risk mitigation slide expanding on the mitigation strategies from our Business Case template

• Keep it concise: Focus on the most significant risks for your context. Too much information can overwhelm your audience.
• Use clear language: Avoid jargon and explain complex concepts simply.
• Be specific: Instead of vague statements, provide concrete mitigation strategies.
• Prioritize graphics: Use graphics/visualizations like a matrix to help your audience quickly grasp the overall risk picture.
• Add visual cues: Use color-coding or symbols to quickly communicate risk levels.
• Use a template: Base your risk mitigation slides on a tried-and-true template to leapfrog the layout process.
• Remember the general rules: Keep the general best practices like Action Titles and storylines in mind (see our blog post here for some more tips and tricks).

A well-crafted risk mitigation slide does more than just list potential problems - it demonstrates your team's proactive approach to challenges. By clearly communicating risks and strategies, you build confidence in your project's resilience and your team's capability.

Remember, the goal isn't to eliminate all risks (which is impossible), but to show that you've thought critically about potential obstacles and have solid plans to navigate them. With these tips and best practices, you're well-equipped to create a risk mitigation slide that will impress stakeholders and set your project up for success.

Ready-to-use slide templates from our Business Case PowerPoint template

Want to use a tried-and-tested template to creating your own risk mitigation slides? Check out our Business Case PowerPoint template with ready-to-use slides and real-life examples to inspire you.

Download our most popular templates

High-end PowerPoint templates and toolkits created by ex-McKinsey, BCG, and Bain consultants

Consulting toolkit and template

A comprehensive library of slide layouts, templates, and typical consulting tools and frameworks.

Create a full business case incl. strategy, roadmap, financials and more.

Create a complete, structured, and well-designed due diligence presentation as part of your M&A process.

Related articles

How to Write Key Takeaway Slides (with Examples and Free Template)

This guide, written by an ex-McKinsey consultant, teaches you how to create best-practice key takeaway slides based on a proven framework.

Sep 2, 2024

How to write a Due Diligence Report (with Examples and Template)

This guide, written by ex-BCG and Bain consultants, takes you through what a commercial due diligence report is, why it is important, and how to effectively craft your commercial due diligence slides.

Aug 19, 2024

Complete Go-To-Market (GTM) Strategy Framework with Examples

This guide, written by ex-McKinsey and Bain consultants, teaches you how to craft a go-to-market strategy based on a proven framework.

Jul 13, 2024

• Consulting Toolkit
• Business Strategy
• Market Analysis
• Market Entry Analysis
• Consulting Maps Bundle
• Mergers & Acquisitions
• Digital Transformation
• Product Strategy
• Go-To-Market Strategy
• Operational Excellence I
• Operational Excellence II
• Operational Excellence III
• Consulting PowerPoint Templates

• How it works
• Terms & Conditions
• Privacy Policy

© 2023 Slideworks. All rights reserved

Denmark : Farvergade 10 4. 1463 Copenhagen K

US : 101 Avenue of the Americas, 9th Floor 10013, New York

• [email protected]
• +14372198199

Risk Management Slide PowerPoint Templates, Google Slides, Keynotes

• Post author By Bizinfograph Staff
• Post date July 15, 2024
• No Comments on Risk Management Slide PowerPoint Templates, Google Slides, Keynotes

Introduction to Risk Management

What is Risk Management?

Risk management is the process of identifying, assessing, and mitigating potential risks that could negatively impact an organization. It involves evaluating the likelihood and impact of various risks and implementing strategies to minimize their effects. In business, risk management helps in safeguarding assets, ensuring compliance, and maintaining operational continuity. Effective risk management encompasses several steps, including risk identification, risk assessment, risk mitigation, and continuous monitoring. By understanding and managing risks, organizations can make informed decisions and protect their interests. Using a professionally designed risk management slide can help effectively communicate these processes and strategies.

Importance of Risk Management in Business

Risk management is crucial in business as it helps organizations anticipate and prepare for potential challenges. By proactively managing risks, businesses can avoid or minimize financial losses, reputational damage, and operational disruptions. It also ensures compliance with legal and regulatory requirements, thereby avoiding penalties. Implementing a risk management framework allows companies to identify business risks early and develop strategies for risk mitigation. This ongoing process of identifying and managing risks enhances decision-making and contributes to the long-term sustainability of the organization. Utilizing risk management PowerPoint templates or Google Slides can streamline the presentation of these concepts, making them more accessible and understandable.

Components of Risk Management

The key components of risk management include risk identification, risk assessment, risk mitigation, and risk monitoring. Risk identification involves recognizing potential risks that could affect the organization. Risk assessment evaluates the likelihood and impact of these risks, prioritizing them based on their severity. Risk mitigation involves developing strategies to reduce or eliminate the impact of identified risks. Continuous monitoring ensures that the risk management process remains effective and up-to-date. Using risk management PowerPoint templates or Google Slides themes can help present these components clearly and concisely in presentations, aiding in effective communication of risk management strategies.

Risk Management PowerPoint Templates

Overview of risk management powerpoint templates.

Risk management PowerPoint templates are professionally designed slide decks that facilitate the presentation of risk management concepts. These templates often include various slides covering different aspects of risk presentation, such as risk identification, risk assessment, risk mitigation, and risk monitoring. They are customizable, allowing users to tailor the content to their specific needs. Using a risk management PowerPoint template can save time and ensure consistency in presentations, making it easier to communicate complex risk management strategies effectively. These templates are particularly useful for risk management presentations, ensuring a visually appealing and professional look.

Key Features of Risk Management PPT Templates

Key features of risk management PowerPoint templates include fully editable slides, customizable text and font size, and professionally designed layouts. These templates often come with a variety of slide designs, including charts, graphs, and infographics, which help in visualizing risk data. PPT presentation slides are compatible with various versions of PowerPoint and can be easily integrated into existing presentations. Some templates also include placeholders for images and icons, allowing for further customization. Using these templates can enhance the effectiveness of risk management presentations by providing a clear and organized structure.

How to Customize PowerPoint Templates for Risk Management

Customizing PowerPoint templates for risk management involves modifying the template to fit specific needs. Start by editing the text to reflect the organization’s risk management plan and strategies. Adjust the font size and style to ensure readability. Incorporate relevant charts and graphs to visualize risk data effectively. Add images or icons that represent different aspects of risk management. Ensure that the overall design aligns with the organization’s branding. Using editable PowerPoint templates allows for hassle-free customization, enabling presenters to create unique and effective risk management presentations.

Google Slides for Risk Management

Introduction to google slides for risk management.

Google Slides is a versatile tool for creating and sharing risk management presentations. It offers the flexibility to collaborate with team members in real-time, making it ideal for group projects and remote work. Google Slides themes designed for risk management provide pre-made templates that can be customized to fit specific needs. These themes often include various slide designs, such as risk assessment charts, risk mitigation plans, and risk management frameworks. Using Google Slides for risk management presentations ensures accessibility and ease of sharing, as it is compatible with most devices and platforms.

Benefits of Using Google Slides for Risk Management Presentation Template

Using Google Slides for risk management presentations offers several benefits. It allows for real-time collaboration, enabling multiple team members to work on the presentation simultaneously. Google Slides is cloud-based, ensuring that presentation slides are accessible from any device with internet access. It also offers a range of customizable themes and templates specifically designed for risk management. These features make it easier to create professional and engaging presentations. Additionally, Google Slides is compatible with PowerPoint, allowing for seamless integration and sharing of presentations.

Customizing Risk Management Presentations in Google Slides

Customizing risk management presentations in Google Slides involves selecting a suitable theme and modifying it to fit specific needs. Start by editing the text to reflect the organization’s risk management plan and strategies. Adjust the font size, style, and colors to match the organization’s branding. Incorporate relevant charts, graphs, and images to visualize risk data effectively. Use the collaboration features to gather input and feedback from team members. Google Slides’ user-friendly interface and customizable options make it easy to create tailored and impactful risk management presentations.

Keynote Templates for Risk Management

Introduction to Keynote Templates Keynote is Apple’s presentation software, known for its sleek design and powerful features. Keynote templates for risk management provide pre-designed slides that can be customized to fit specific needs. These templates often include a variety of slide layouts, such as risk assessment charts, risk mitigation plans, and risk management frameworks. Keynote’s intuitive interface and advanced design tools make it easy to create visually appealing and professional presentations. Using Keynote templates for risk management can enhance the effectiveness of presentations, making complex information more accessible.

Key Features of Keynote Templates for Risk Management

Key features of Keynote templates for risk management include high-quality graphics, customizable layouts, and a range of design options. These templates often come with pre-made charts, graphs, and infographics that can be easily edited to fit specific data. Keynote’s design tools allow for precise customization, including adjusting colors, fonts, and animations. The templates are compatible with various devices, ensuring that presentations look great on any screen. Using Keynote templates for risk management can streamline the creation of professional and engaging presentations.

Customizing Keynote Templates for Effective Risk Management

Customizing Keynote templates for effective risk management involves tailoring the template to fit the organization’s specific needs. Start by editing the text to reflect the organization’s risk management strategies and plans. Adjust the font size, style, and colors to match the organization’s branding. Incorporate relevant charts, graphs, and images to visualize risk data effectively. Use Keynote’s advanced design tools to enhance the presentation’s visual appeal, such as adding animations and transitions. Customizing Keynote templates allows for the creation of unique and impactful risk management presentations.

Essential Components of a Risk Management Presentation

Risk management plan.

A risk management plan outlines the process and strategies for identifying, assessing, and mitigating risks. It includes detailed procedures for risk identification, risk assessment, risk mitigation, and risk monitoring. A comprehensive risk management plan helps organizations prepare for potential risks and develop effective strategies to minimize their impact. Presenting a risk management plan using a slide template ensures that all key components are covered and clearly communicated. This structured approach helps in gaining stakeholder buy-in and ensuring that risk management efforts are aligned with organizational goals.

Risk Assessment

Risk assessment involves evaluating the likelihood and impact of identified risks. It includes qualitative and quantitative methods to prioritize risks based on their severity. A thorough risk assessment helps organizations focus their resources on the most critical risks. Using risk assessment slides in a presentation template allows for clear visualization of risk data, making it easier to communicate findings to stakeholders. Effective risk assessment is crucial for developing targeted risk mitigation strategies and ensuring that all potential risks are adequately addressed.

Risk Mitigation Strategies

Risk mitigation strategies are actions taken to reduce the likelihood or impact of identified risks. These strategies can include preventive measures, contingency plans, and risk transfer techniques such as insurance. Presenting risk mitigation strategies using a professionally designed slide template helps in clearly communicating the planned actions and their expected outcomes. This approach ensures that all stakeholders understand the steps being taken to manage risks and their roles in the process. Effective risk mitigation strategies are essential for minimizing the impact of potential risks on the organization.

Risk Management Process

The risk management process includes several steps: risk identification, risk assessment, risk mitigation, and continuous monitoring. Each step is critical for ensuring that risks are effectively managed throughout the organization’s operations. Using a risk management process slide in a presentation template helps in outlining these steps clearly and systematically. This visual representation aids in understanding the overall process and the specific actions required at each stage. A well-defined risk management process is essential for maintaining organizational resilience and ensuring that risks are managed proactively.

Risk Management Framework

A risk management framework provides a structured approach to managing risks. It includes policies, procedures, and guidelines that define how risks are identified, assessed, mitigated, and monitored. Using a risk management framework slide in a presentation template helps in outlining the key components and their interrelationships. This structured approach ensures that all aspects of risk management are covered and that the process is consistently applied across the organization. A robust risk management framework is essential for effective risk management and organizational success.

Tools and Techniques for Effective Risk Management

Overview of risk management tools.

Risk management tools are software and methodologies used to identify, assess, and mitigate risks. These tools include risk assessment matrices, risk registers, and simulation models. Using risk management tools helps in systematically analyzing risks and developing effective mitigation strategies. Incorporating these tools into risk management presentations using a slide template ensures that complex data is presented clearly and effectively. This approach enhances the understanding and communication of risk management strategies among stakeholders.

Risk Management Strategies

Risk management strategies are approaches used to manage risks effectively. These strategies include risk avoidance, risk reduction, risk transfer, and risk acceptance. Each strategy has its benefits and is chosen based on the specific risk and organizational context. Presenting risk management strategies using a professionally designed slide template helps in clearly outlining the planned actions and their rationale. This structured approach ensures that all stakeholders understand the strategies and their roles in the implementation process.

Risk Mitigation and Control Techniques

Risk mitigation and control techniques are actions taken to reduce the likelihood or impact of identified risks. These techniques include implementing preventive measures, developing contingency plans, and using risk transfer methods such as insurance. Presenting these techniques using a slide template helps in clearly communicating the planned actions and their expected outcomes. This approach ensures that all stakeholders understand the steps being taken to manage risks and their roles in the process. Effective risk mitigation and control techniques are essential for minimizing the impact of potential risks on the organization.

Enterprise Risk Management

Enterprise risk management (ERM) is a comprehensive approach to managing all risks faced by an organization. ERM involves integrating risk management into all aspects of the organization, from strategic planning to daily operations. Presenting ERM using a slide template helps in outlining the key components and their interrelationships. This structured approach ensures that all aspects of risk management are covered and that the process is consistently applied across the organization. ERM is essential for ensuring that risks are managed proactively and that the organization is resilient to potential challenges.

Project Risk Management

Project risk management involves identifying, assessing, and mitigating risks specific to a project. It includes developing a risk management plan, conducting risk assessments, and implementing risk mitigation strategies. Using a project risk management slide template helps in clearly outlining the planned actions and their expected outcomes. This structured approach ensures that all stakeholders understand the steps being taken to manage project risks and their roles in the process. Effective project risk management is essential for ensuring that projects are completed on time, within budget, and to the required quality standards.

Creating Effective Risk Management Slides

H3: Best Practices for Slide Design Creating effective risk management slides involves following best practices for slide design. These include using clear and concise text, incorporating visuals such as charts and graphs, and maintaining a consistent design. Using a professionally designed risk management slide template ensures that these best practices are followed, resulting in a visually appealing and effective presentation. This approach enhances the communication of complex risk management strategies and ensures that all stakeholders understand the key points.

Using Graphics and Charts in Risk Management Slides

Incorporating graphics and charts in risk management slides helps in visualizing risk data and making it easier to understand. These visuals can include risk assessment matrices, risk heat maps, and risk mitigation timelines. Using a slide template that includes these elements ensures that the visuals are professionally designed and effectively integrated into the presentation. This approach enhances the communication of risk management strategies and helps stakeholders understand the key points quickly and easily.

Tips for Engaging Presentations

Creating engaging risk management presentations involves using a combination of clear text, visuals, and interactive elements. Tips for engaging presentations include using storytelling techniques, incorporating real-life examples, and encouraging audience interaction. Using a professionally designed risk management slide template ensures that these elements are effectively integrated into the presentation. This approach enhances the communication of complex risk management strategies and ensures that all stakeholders are engaged and understand the key points.

Templates and Themes for Risk Management

H3: Editable Risk Management Templates Editable risk management templates allow for easy customization to fit specific needs. These templates often include various slide designs, such as risk assessment charts, risk mitigation plans, and risk management frameworks. Using editable templates ensures that the presentation can be tailored to the organization’s branding and requirements. This approach enhances the effectiveness of risk management presentations and ensures that all key components are covered.

Canva Presentation Templates for Risk Management

Canva presentation templates for risk management provide a user-friendly platform for creating professional presentations. These templates include various slide designs, such as risk assessment charts, risk mitigation plans, and risk management frameworks. Using Canva templates ensures that the presentation is visually appealing and easy to customize. This approach enhances the effectiveness of risk management presentations and ensures that all key components are covered.

Google Slides Themes for Risk Management

Google Slides themes for risk management provide pre-made templates that can be customized to fit specific needs. These themes often include various slide designs, such as risk assessment charts, risk mitigation plans, and risk management frameworks. Using Google Slides themes ensures that the presentation is accessible and easy to share. This approach enhances the effectiveness of risk management presentations and ensures that all key components are covered.

PowerPoint Templates for Risk Management

PowerPoint templates for risk management provide professionally designed slide decks that facilitate the presentation of risk management concepts. These templates often include various slides covering different aspects of risk management, such as risk identification, risk assessment, risk mitigation, and risk monitoring. Using PowerPoint templates ensures that the presentation is visually appealing and easy to customize. This approach enhances the effectiveness of risk management presentations and ensures that all key components are covered.

Keynote templates for risk management provide pre-designed slides that can be customized to fit specific needs. These templates often include a variety of slide layouts, such as risk assessment charts, risk mitigation plans, and risk management frameworks. Using Keynote templates ensures that the presentation is visually appealing and easy to customize. This approach enhances the effectiveness of risk management presentations and ensures that all key components are covered.

Specific Use Cases for Risk Management Presentations

Supply Chain Risk Management Supply chain risk management involves identifying, assessing, and mitigating risks within the supply chain. This includes risks related to suppliers, logistics, and inventory management. Using a supply chain risk management slide template helps in clearly outlining the planned actions and their expected outcomes. This structured approach ensures that all stakeholders understand the steps being taken to manage supply chain risks and their roles in the process. Effective supply chain risk management is essential for ensuring the smooth operation of the supply chain and minimizing disruptions.

Cyber Risk Management

Cyber risk management involves identifying, assessing, and mitigating risks related to information technology and cybersecurity. This includes risks related to data breaches, cyberattacks, and system failures. Using a cyber risk management slide template helps in clearly outlining the planned actions and their expected outcomes. This structured approach ensures that all stakeholders understand the steps being taken to manage cyber risks and their roles in the process. Effective cyber risk management is essential for protecting sensitive information and ensuring the security of IT systems.

Credit Risk Management

Credit risk management involves identifying, assessing, and mitigating risks related to credit exposure. This includes risks related to default, credit rating changes, and market fluctuations. Using a credit risk management slide template helps in clearly outlining the planned actions and their expected outcomes. This structured approach ensures that all stakeholders understand the steps being taken to manage credit risks and their roles in the process. Effective credit risk management is essential for ensuring financial stability and minimizing losses due to credit exposure.

Business Risk Management

Business risk management involves identifying, assessing, and mitigating risks that could affect the overall operation of the business. This includes risks related to market changes, regulatory compliance, and operational disruptions. Using a business risk management slide template helps in clearly outlining the planned actions and their expected outcomes. This structured approach ensures that all stakeholders understand the steps being taken to manage business risks and their roles in the process. Effective business risk management is essential for ensuring the long-term success and sustainability of the organization.

Security Risk Management

Security risk management involves identifying, assessing, and mitigating risks related to physical and operational security. This includes risks related to theft, vandalism, and natural disasters. Using a security risk management slide template helps in clearly outlining the planned actions and their expected outcomes. This structured approach ensures that all stakeholders understand the steps being taken to manage security risks and their roles in the process. Effective security risk management is essential for protecting assets and ensuring the safety of employees and customers.

Best Practices for Risk Management Presentations

Effective risk management strategies.

Effective risk management strategies involve a combination of risk avoidance, risk reduction, risk transfer, and risk acceptance. These strategies are chosen based on the specific risk and organizational context. Presenting effective risk management strategies using a professionally designed slide template helps in clearly outlining the planned actions and their rationale. This structured approach ensures that all stakeholders understand the strategies and their roles in the implementation process.

Risk Management Process Steps

Risk management structure.

A risk management structure provides a clear framework for managing risks within the organization. It includes roles and responsibilities, reporting lines, and communication channels. Using a risk management structure slide in a presentation template helps in outlining these key components and their interrelationships. This structured approach ensures that all aspects of risk management are covered and that the process is consistently applied across the organization. A robust risk management structure is essential for effective risk management and organizational success.

Risk Management Lifecycle

The risk management lifecycle includes the stages of risk identification, risk assessment, risk mitigation, and risk monitoring. Each stage is critical for ensuring that risks are effectively managed throughout the organization’s operations. Using a risk management lifecycle slide in a presentation template helps in outlining these stages clearly and systematically. This visual representation aids in understanding the overall process and the specific actions required at each stage. A well-defined risk management lifecycle is essential for maintaining organizational resilience and ensuring that risks are managed proactively.

Summary of Key Points

In summary, effective risk management involves identifying, assessing, and mitigating potential risks that could negatively impact an organization. Using risk management PowerPoint templates or Google Slides themes can streamline the presentation of these concepts, making them more accessible and understandable. Key components of risk management include risk identification, risk assessment, risk mitigation, and continuous monitoring. Presenting these components clearly and concisely in a slide template ensures that all stakeholders understand the strategies and their roles in the process.

Future Trends in Risk Management Presentations

Future trends in risk management presentations include the use of advanced data visualization techniques, interactive elements, and real-time collaboration tools. These trends enhance the communication of complex risk management strategies and ensure that presentations are engaging and effective. Utilizing cutting-edge technology and design principles in risk management presentations helps organizations stay ahead of potential risks and ensures that all stakeholders are well-informed and prepared.

Additional Resources for Risk Management Templates

For those looking to enhance their risk management presentations, there are numerous resources available online. Websites offering professionally designed PowerPoint templates, Google Slides themes, and Keynote templates provide a wide range of options to choose from. Additionally, platforms like Canva offer user-friendly tools for creating customized risk management presentations. These resources help in creating visually appealing and effective presentations that clearly communicate risk management strategies and plans.

• Financial Dashboards
• Sales Dashboards
• HR Dashboards
• Data Visualization Charts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Find us on social media

Our Address

© 2023 All rights reserved | Biz Infograph

Newly Launched - AI Presentation Maker

AI PPT Maker

Powerpoint Templates

PPT Bundles

Icon Bundle

Kpi Dashboard

Professional

Business Plans

Swot Analysis

Gantt Chart

Business Proposal

Marketing Plan

Project Management

Business Case

Business Model

Cyber Security

Business PPT

Digital Marketing

Digital Transformation

Human Resources

Product Management

Artificial Intelligence

Company Profile

Acknowledgement PPT

PPT Presentation

Reports Brochures

One Page Pitch

Interview PPT

All Categories

Risk assessment powerpoint presentation slides

Identify risks and hazards that have the potential to harm any process or project. Use content-ready Risk Assessment PowerPoint Presentation Slides to analyse what can go wrong, how likely it is to happen, what potential consequences are, and how tolerable the identified is. With the help of ready-made risk assessment PowerPoint presentation slideshow, use control measures to eliminate or reduce any potential risk related situation. This deck comprises of various templates to control risks such as types of risks, risk categories, identify the risk categories, stakeholder engagement, stakeholders risk appetite, risk tolerance, procedure, risk management plan, risk register, risk identification, risk assessment, risk analysis, risk response plan, risk response matrix, risk control matrix, risk item tracking, risk impact and probability analysis, risk mitigation strategies, qualitative risk analysis, quantitative risk analysis, risk management process, risk management steps, and more. These templates are completely customizable. You can easily edit the color, text, icon and font size as per your need. Add or remove content, if needed. Grab this easy-to-understand risk assessment PowerPoint templates to figure out what could cause harm to the project, whether the hazards could be eliminated or not, what preventive measures should be taken to control the risks. Download risk assessment PPT slides now to execute the project easily. Behave in a down to earth fashion with our Risk Assessment Powerpoint Presentation Slides. Give them a glimpse of your fact based approach.

• Add a user to your subscription for free

You must be logged in to download this presentation.

PowerPoint presentation slides

Presenting risk assessment PowerPoint deck with slides. This complete presentation comprises of total of 57 PPT slides. It covers all the aspects of the topic and includes all the major elements such as graphs and charts to make the work easy. This presentation has been crafted with an extensive research done by the research experts. Our PowerPoint professionals have incorporated appropriate diagrams, layouts, templates and icons related to the topic. The best part is that these templates are completely editable. Customize the colour, text and icon as per your need. Click the download button below to grab this risk assessment presentation deck.

People who downloaded this PowerPoint presentation also viewed the following :

• Business Slides , Flat Designs , Strategic Planning Analysis , Complete Decks , All Decks , Strategic Management , General
• Risk management ,
• Risk Assessment ,
• Project Risk

Content of this Powerpoint Presentation

Slide 1 : This slide introduces Risk Assessment. State Your Company Name and get started. Slide 2 : This slide presents Content showcasing- Introduction: Risk Management- Introduced, Types of Risk, Risk Categories, Identify Risk Categories. Procedure for managing the Risk: Risk Planning, Risk Identification, Risk Assessment, Risk Monitoring, Risk Tracking. Stakeholders Engagement: Risk Appetite, Risk Tolerance. Tools & Practices: Risk Impact Analysis, Impact &Probability Analysis, Risk Mitigation Strategies, Qualitative Analysis, Quantitative Analysis. Slide 3 : This slide presents Introduction showcasing- Risk Management- Introduction, Types of Risk, Risk Categories, Identify Risk Categories. Slide 4 : This slide shows Risk Management- Introduction displaying- Resources, Assessment of Risks, Identification of Risks, Prioritization of Risks, Realization of Opportunities, Probability and/or impact of unfortunate events. Slide 5 : This slide showcases Types of Risks- Internal Risks divdided into Strategic: Governance, Strategic Planning, Ethics & Values, Stakeholder Relations. Operational: Access to Services, Processes, Business Interruption, Emergency Response. Enablers: People, Financial, Technology, Infrastructure. External Risks: Demand, Regulatory, Economical, Socio- Political, Environment. Slide 6 : This slide shows Types Of Risks in matrix form with the subheadings- Operational: Cost Overrun, Operational Controls, Poor Capacity management, Supply Chain Issues, Employee Issues incl. fraud, Bribery and Corruption, Regulation, Commodity prices. Strategic: Demand Shortfall, Customer retention, Integration problems, Pricing pressure, Regulation, R & D, Industry or sector downturn, JV or partner losses. Financial: Debt and interest rates, Poor Financial management, Asset losses, Goodwill and amortization, Accounting problems. Hazard: Macroeconomic, Political Issues, Legal Issues, Terrorism, Natural disasters. Slide 7 : This slide shows Risk Categories with the following subheadings- Product Design: Product Performance, Design. System/ Software: Data Accuracy, Security. Manufacturing: Assembly, Tools. All Other: Consumer service, Environment. Project Management: Team work, Product cost. Quality: Quality system, Sigma Levels. Slide 8 : This slide displays Identify The Risk Categories with- Risk Score by Risk Category. Slide 9 : This slide shows Stakeholder Engagement with- Stakeholders Risk Appetite, Risk Tolerance. Slide 10 : This slide shows Stakeholders Risk Appetite matrix showing Forming Risk Appetite in terms of impact and likelihood. Slide 11 : This slide shows Risk Tolerance table with Cost, Schedule, Scope, and Quality as subheadings in terms of ordinal scale of- Very Low, Very High, Low, Moderate, High. Slide 12 : This slide shows a Risk Tolerance Bubble graph showing- Business Continuity Problems, Supplier Default, Loss Of Key Partnerships, IT Problems, Poor Project Management, Product Or Service Quality, Loss Of Key Managers. Slide 13 : This slide shows Procedure displaying- Risk Planning, Risk Register, Risk Identification, Risk Tracking, Risk Monitoring, Risk Assessment. Slide 14 : This slide showcases Risk Management Plan in tabular form showing- Type Of Risk, Outcome, Existing Risk Treatment Actions In Place, Rating, Additional Resources, Target Date, Person Responsible, Proposed Risk Treatment Actions To Mitigate Risk. Slide 15 : This slide shows Risk Register showcasing- Type Of Risk, Description Of Risk, Risk Reduction Strategy, Contingency Plans, Risk Owner, Probability, Impact. Slide 16 : This slide presents a Risk Identification matrix showing- Terminate, Treat, Tolerate, Transfer in terms of Consequences & Likelihood. Slide 17 : This slide shows Risk Assessment with Risk Rating Guide displaying- Impact: Performance, quality, cost or safety impacts resulting in major redesign and program delay, Performance, quality, cost and/or safety impacts resulting in minor redesign and schedule adjustment, Performance, quality, cost and safety requirements met within planned schedule. Probability: Major uncertainties remain, No or little prior experience or data, Infrastructure and/or resources not in place, Some uncertainties remain, Some experience and data exist, Infrastructure in place but under-resourced, Few uncertainties remain, Significant experience and data exist, Infrastructure in place and fully, and Likelihood of Occurrence: E. Probability of once in many years D. Probability of once in many operating months C. Probability of once in some operating weeks B. Probability of weekly occurrence A. Probability of daily occurrence Likelihood of detection: Detectability is very high, Considerable warning of failure before occurrence, Some warning of failure before occurrence, Little warning of failure before occurrence, Detectability is effectively zero Consequences: No. direct effect on operating service level, Minor deterioration in operating service level, Definite reduction in operating service level, Source deterioration in operating service level, Operating service level approaches zero. as Risk Scoring System. Slide 18 : This slide shows Risk Assessment with Risk Scoring Results table in terms of- Insignificant, Minor, Moderate, Major, Catastrophic, Consequences, Likelihood. A. Almost Certain, B. Likely, C. Possible, D. Unlikely, E. Rare. Slide 19 : This slide presents Risk Analysis – Simplified Format in tabular form showing- New operating system may be unstable, Communication problems over system issues, We may not have the right requirements, Requirements may change late in the cycle, Database software may arrive late, Key people might leave, Likelihood of Risk Item Occurring, Impact to Project if Risk Item Does Occur, Priority (Likelihood * Impact) as Risk Items (Potential Future Problems Derived from Brainstorming). Slide 20 : This slide Risk Analysis- Complex showcasing- Description of Risk, Risk Analysis, Risk Rating, Control Measures, (Detail any existing Controls), Risk Rating, Risk Analysis(with additional controls), Additional Control, (Detail additional to be implemented Controls). Slide 21 : This slide shows Risk Response Plan showcasing- Responding to Risk consisting of- Mitigate, Avoid, Transfer, Accept, Exploit, Enhance, Share, Accept, Negative Risk, Positive Risk. Slide 22 : This slide shows Risk Response Matrix displaying- Interface Problems, User Backlash, System Freezing, Hardware Malfunctioning, Risk Event, Response, Contingency Plan, Trigger, Who is responsible. Slide 23 : This slide shows a Risk Response Matrix displaying- Avoid: Design Changes Different Site Conditions Labor Productivity Unrealistic Schedule Transfer, Retain: Weather Delays, Defective Work, Equipment Failure, Labor dispute / Strike. Slide 24 : This slide shows Risk Control Matrix. Slide 25 : This slide shows Risk Tracker in tabular form. Slide 26 : This slide shows Risk Item Tracking with- Risk Items, Risk Resolution, Monthly Ranking. Slide 27 : This slide shows Tools & Practices with the following subheadings- Quantitative Analysis, Qualitative Analysis, Risk Mitigation Strategies, Probability & Impact Assessment, Risk Impact Analysis. Slide 28 : This slide shows Risk Impact and Probability Analysis showcasing- Cost: Manageable by exchange against Internal budgets, Increases threaten viability of project, Require some additional funding from Institution, Requires Significant additional funding from Institution, Requires Significant reallocation of Institutional funds (or borrowing). Time: Slight slippage against internal targets, Delay jeopardises viability of project, Slight slippage against key milestones or published targets, Deley affects key stakeholders – loss of confidence in the project, Failure to meet key deadlines in relation to academic year or strategic plan. Quality: Slight reduction in quality/scope, no overall impact, Project outcomes effectively unusable, Failure to include certain ‘nice to have’ elements, Significant elements of scope for functionality will be unavailable, Failure to meet the needs of a large proportion of stakeholders with Impact Scale. Slide 29 : This slide presents Risk Impact & Probability Analysis with- Performance, Probability Of Risk Occurring, Schedule, Impact Assessment, Cost. Slide 30 : This slide shows Risk Mitigation Strategies showcasing- Technical Risks, Cost Risks, Schedule Risks. Slide 31 : This slide presents Risk Mitigation Plan with- Category, Identified Risk, Mitigation Plan. Slide 32 : This slide presents Qualitative Risk Analysis table. Slide 33 : This slide presents Quantitative Risk Analysis table. Slide 34 : This slide shows Risk Management Process dispalying- Identify Risk Exposures, Respond to Risk, Avoid, Accept, Monitor & Report Results, Quantify Risk Exposures, Learn and Improve, Learn and Improve, Quantify Risk Exposures, Risk Transfer, Risk Reduction. Slide 35 : This slide displays Risk Management Steps- Establish the context, Risk Assessment, Risk Identification, Risk Analysis, Risk Evaluation, Risk Treatment, Communication and Consultation, Monitoring Review. Slide 36 : This is a Risk Assessment Icon Slide. You can use the icons as per need. Slide 37 : This is a Coffee break image slide to halt. You can change the slide content as per need. Slide 38 : This slide is titled Additional Slides to move forward. You can alter the slide content as per need. Slide 39 : This is a Bubble chart slide. State specifications, comparison of products/entities here. Slide 40 : This is a Column chart slide. State specifications, comparison of products/entities here. Slide 41 : This is an Area chart slide. State specifications, comparison of products/entities here. Slide 42 : This is Our Mission slide with Vision, Mission and Goal. State them here. Slide 43 : This is Our Team slide to state team specifications, information, structure etc. Slide 44 : This is a Financial score slide. State financial aspects, information etc. here. Slide 45 : This is an About Us slide. State company specifications here. Slide 46 : This is a Comparison slide in a creative sand glass imagery form to compare two entities etc. Slide 47 : This is a Puzzle image slide. State information, specifications etc. here. Slide 48 : This is a Timeline slide. State milestones, highlights etc. here. Slide 49 : This is a Target image slide. State targets, information, specifications etc. here. Slide 50 : This is a Location slide of world map image to show global presence, growth etc. Slide 51 : This is a Venn diagram image slide. State information, specifications etc. here. Slide 52 : This is a Post It Notes slide to mark reminders, events or anything important. Slide 53 : This is a Silhouettes image slide. State people related information, specifications etc. here. Slide 54 : This is a Lego image slide. State information, specifications etc. here. Slide 55 : This is a Bulb or Idea image slide to state information, specifications etc. Slide 56 : This is a Magnifying Glass image slide to show information, specifications etc. Slide 57 : This is a Thank You slide with Address# street number, city, state, Contact Number, Email Address.

5 Examples of Risk Matrix PowerPoint Visualization

• February 19, 2018
• PowerPoint templates for download , Project Management & Scrum , Strategy Management

One way to perform and document a risk analysis and assessment is using the risk matrix diagram. This simple visualization matrix is a management method that helps you present possible risks, and define the risk levels. As a result, you can support management decision-making and plan activities to mitigate those risks.

Explore our Business Performance PPT Reports category on the website for more resources to boost your presentation impact.

If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business. Gary Cohn

Risk Matrix analysis can be easily visualized in a PowerPoint presentation. Your presentation will look more creative if you use a consistent and clear risk matrix diagram for visualization of the new company’s competitors or changes in government policy.

Remark: You can get all presented icons and slide examples in the Risk Matrix Diagram PPT set .

This visual framework is part of other management strategy tools such as SWOT, Porter Forces, and PEST. You may check this article “ 7 Visual Frameworks for Strategy Analysis Presentation ” for more examples.

Why use a Risk Matrix?

The purpose of risk management is to anticipate and control risks so as to minimize their threats and maximize their potential. The risk matrix diagram will help you to create a memorable presentation of those risks. Using a diagram illustration you can visualize with colors all risk categories and focus attention on the main subject. Risk Matrix graphics can be handy presenters who need to show risk assessment or different states of consequence process.

In this blog, we propose examples of creating and presenting risk matrix diagrams , which will help you to make the possible risks visible.

You’ll find a few variations of showing the Risk Matrix Diagram on the slide:

• showing risk types in the form of a list
• illustrating levels of probability and impact
• presenting probability and severity risk levels
• creating a risk matrix with a place for notes

Let’s start our journey over the Risk Matrix Diagram illustrations examples. See how you can show it creatively so that your audience will be focused on your presentation.

#1: Presenting Types of Risk with Creative Bullet Points

In the beginning, you may want to introduce types of risk:

• Economic risk
• Social risk
• Risk related to the use of various technological advancements
• Risk related to natural forces, so unpredictable sometimes
• Political risks covering country leaders’ actions, various lobbying on a government level, federal agencies regulations, etc.

But instead of putting those risks as a standard bullet point list, consider the example below: The first and easiest way to show various types of risk – use a simple list. This diagram includes all kinds of risks, illustrated with icons and colors. The icons for each stage will help your listeners to focus their attention on one or another point.

 #2: Illustrating Risk Probability and Impact

The next example is a typical risk matrix diagram, consisting of 4 parts. Each of them includes an eye-catching icon, therefore it can be employed for any audience: starting from students to your business partners.

#3: Adding Description to Risk Matrix

This type of risk matrix slide includes a place for the description of each point of risk. The advantage of this diagram is various symbols that illustrate emotions, so you can easily show risk analysis results.

#4: Showing Risk Probability and Severity Levels

This full-slide risk matrix diagram will help you to conduct a detailed analysis. You can identify your severity and probability risks. A colorful matrix will help you show all levels of risk:  low, medium, and high. With such a diagram template, you can easily illustrate the most dangerous risks and keep listeners attention on it.

#5: Creating Risk Matrix in Minimalist Style

If you like minimalism in your slides, then you can choose such type of risk matrix: white rectangles with colored outlines and simple icons.

Recap of four presented Risk Matrix visualizations

We presented here a bunch of ideas on how you can talk about risk without boring your audience with text-only slides. Get inspired by the examples we mentioned:

• agenda for showing all types of risk
• diagram with a minimalist style with the icons of emotions
• showing risk severity and probability in a big matrix with hand-drawn symbols
• templates for illustrating risk probability and impact

Why use diagrams for the risk matrix concept?

A risk matrix diagram is a simple mechanism to increase the visibility of risks. It is a basic management tool that is useful for strategic planning. Risk provides the objective metric to help the decision-making process. That’s why the risk matrix has been widely adopted by many businesses. The risk matrix diagram focuses on the highest-priority risks and presents complex risk data in a visual chart. 

What’s inside the Risk Matrix Template collection?

We created a collection of risk matrix diagrams in various versions and added iconic symbols for 5 types of risk. All icons are fully editable, so you can change their color and resize them without losing the image quality.

The slide set contains:

13 Matrix PPT Slide Layouts for Two-Dimensional Risk Assessment:

• Explanation of the risk matrix concept.
• Diagrams for 2×2, 3×3, and 5×5 matrices with description areas.
• 30 icons for various 5 types of risk, risk severity, and risk probability levels, in flat and handwritten styles.

All examples above are part of the infoDiagram PowerPoint Diagrams collection. It contains vector graphics that can be easily edited and added to other presentations:

Explore our YouTube channel for more creative ideas:

infoDiagram

Related posts.

How to Present Machine Learning Algorithms in PowerPoint

• September 16, 2024

How to Present Balanced Scorecard Framework: PowerPoint Design Tips

• June 10, 2024

How to Present Time Management Matrix in PowerPoint

• May 14, 2024

Risk Management

Get 9 out of 33 slides

Download and customize this and hundreds of business presentation templates

Start here ⬇️

Voila! You can now download this presentation

Risk is unavoidable, but this doesn't mean that risk can't be planned for. To make better-calculated strategic choices, set clear expectations and always be prepared for different outcomes, use our Risk Management presentation. This presentation allows you to roll with the punches at all times and outline ways to monitor and control unpredictable events.

Slide highlights

Go over your risk assessment with this slide. List the hazards, and explain why and how they may affect your venture, propose precautions, introduce risk management strategy and obtain feedback to make necessary changes.

One of the risk assessment tools to consider is the risk assessment matrix . Identify risks, calculate consequences, determine risk rating, create an action plan, then plug data into your risk assessment matrix.

Introduce your risk mitigation plan to your audience with this slide. A risk mitigation plan helps to eliminate or minimize the impact of the hazards events and develop options and actions to enhance opportunities and reduce threats.

According to Risk Management , there are three categories of risk:

• Preventable risksn – these are internal risks, arising from within the organization, that are controllable and ought to be eliminated or avoided. Examples of preventable risks include the risks from employees' and managers' unauthorized, illegal, unethical, incorrect or inappropriate actions and the risks from breakdowns in routine operational processes.
• Strategy risks – companies voluntarily accept some risk in order to generate superior returns from their strategies. "A bank assumes credit risk, for example, when it lends money; many companies take on risks through their research and development activities," the experts say.
• External risks – some risks arise from events outside the company and are beyond its influence or control, such as natural and political disasters and major macroeconomic changes. External risks require unique approach. Because companies cannot prevent such events from occurring, their management must focus on identification and mitigation of their impact.

Application

To develop a risk management strategy, use this six-step process, recommended by business solution platform, EDC:

• Identify the risk – identify risks with regular brainstorming sessions that involve staff from all departments. The experts say it's crucial to look at current risks and have the vision to identify future risks.
• Analyze the risk – conduct an in-depth risk analysis. It can be difficult if you don't have all the information, but the checklist can best prepare you to identify those risks and how they can potentially impact your business in both operational and financial terms.
• Prioritize the risk – a large list of risks can be overwhelming, so it's critical to prioritize the risks so you can address the most pressing of them first. Once you have the checklist, go one step further and classify risks as high, medium or low.
• Assign responsibility to the risk – ensure there is someone in the organization that's going to own and oversee the risk management. "Determining who will be responsible is an internal company decision; it could be someone who works in a specific risk area who is best suited to tackle the risk or an arbitrary choice. It's a best practice to develop a risk management team consisting of both internal and, if applicable, external people in your supply chain," the experts say.
• Respond to the risk – develop a strong risk management plan that covers: risk management team, market information and market entry information, contracts and getting paid, quality and performance systems and processes, insurance and cash flow protection.
• Monitor the risk – things will change in your company and so will the risks. "As these changes occur, it's critical to update your plan to ensure that you don't become complacent or lose sight of potential threats to your business. Incorporating an ongoing review of your risk management plan into the company's planning activities will ensure you are on top of any potential risks," the EDC team says.

When COVID-19 crept up on the world, companies like Apple ended up being "especially vulnerable because of their large customer base in China and the dependence of their supply chain on Chinese manufacturers," Amiyatosh Purnanandam, professor of finance at the Ross School of Business, University of Michigan, writes in his article for Forbes .

Tim Cook named the impact of coronavirus as a significant source of uncertainty in the company during Q1 2020 earnings call. At the time, Apple had restricted employee travel and shut one store in China due to the virus outbreak, and was cutting back on retail store hours in China as well.

Purnanandam meditates on the question of what can the managers do to control risks that are not even identifiable? "Unlike exchange rates or commodity prices, there are no market-based derivatives contracts that can be used to hedge such a threat," Purnanandam writes. He's answer is cash balance. Cash balance is the best vaccine against unpredictable events such as the pandemic, Purnanandam writes. Moreover, he believes that cash is actually the best hedge against any risk that cannot be identified or quantified ahead of time. So in case of Apple, a $200 billion pile of cash is what makes it resistant to the risk.