Excel Matrix vs. Risk Management Software: Which is better?
Managers often use an Excel file to manage risk. While these types of tools are easy to use, they also have several limitations. Learn what these limi …
What does risk culture mean?
A strong risk culture is the key to aligning all fronts of a company according to its strategic objectives. In the business world, changes occur at a …
How to assess risk with a control matrix
We have already explained how to identify and rate risks according to the established scales. Now we will show you how to assess them using a control …
How to rate risks using the control matrix approach
In a previous article, we discussed how to identify risk by designing a control matrix. The identification of the risks is followed by their rating an …
