Product
Levels of Analysis
Updated text as follows: This level of analysis allows for fully custom risk policies, as well as predetermined ones as provisioned by international standards such as ISO 31000, EN 60812 etc. It is suitable for product and project development from conception through to completion and operations.
Process:
Select a predefined risk policy or develop a custom one
Identify risks, causes and consequences
Evaluate criticality of each risk
Propose mitigation strategy
Report the risk assessment process and outcomes
Document incidents during operation
This level of analysis aims at identifying, analysing and controlling risks of an organisation, through a suitable risk policy and specialised risk databases for different types of SMEs according to appropriate classifications.
Process:
Select a type of a SME from a list
For given risks and risk factors, identify causes and consequences
Evaluate criticality of each risk
Propose mitigation strategy
Report the risk assessment process and outcomes
Document incidents during operation
This level of analysis, combines contributions from different types of SMEs across a supply chain (multiple, different lower tier users) or a franchise network (multiple, similar lower tier users) allowing higher tier organisations evaluate risks and construct a supply chain-wide risk matrix.
Process:
Map the supply chain or franchise network through identifying a number of lower tier suppliers (LTSs)
Invite lower tier suppliers and characterise their SME type
Choose SME specific databases or import a fully custom database
For given risks and risk factors, identify, causes and consequences (LTSs)
Evaluate criticality of each risk (LTSs)
Generate reports for the lower and higher tier organisations
Document incidents during operation and report aggregated incident reports
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