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Risk self-assessment

Inherent, residual and targeted risk. What risk professionals need to know.

On-demand webinar

The value of assessing Inherent, Residual and Targeted risks has been subject to much debate. In this webinar, we discuss the concepts of each level of risk and how each can best be used in a risk management framework to add value.

Professional hacks for overcoming common issues in using Inherent Risk will be discussed.

Presenters

David Bergmark

Chief Executive Officer, Protecht

David Tattam

Chief Research and Content Officer, Protecht

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Key information and topics covered 

  • Defining Inherent, Residual and Targeted risk
  • Common issues in using Inherent Risk
  • Using Inherent, Residual and Targeted risks in a risk management framework
       - Using risk matrices
       - Using appropriate likelihood and impact scales
       - Rating control effectiveness, existing and proposed controls
       - Reporting the various risk levels
  • Extracting valuable insights and prompting action
  • Visualisation of risk assessment and reporting concepts in Protecht.ERM
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About the presenters

Chief Executive Officer, Protecht

David Bergmark is the Chief Executive Officer and co-founder of the Protecht Group. David’s vision and passion is to use technology to drive best practice risk management and embed risk management within each one of Protecht’s clients.

He is the driving force behind the Protecht ERM system and integrating our thought leadership capabilities into the product to provide a consistent and seamless risk management experience for our customers.

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Chief Research and Content Officer, Protecht

David Tattam is the Chief Research & Content Officer and co-founder of the Protecht Group. David's vision is to redefine the way the world thinks about risk and to develop risk management to its rightful place as being a key driver of value creation in each of Protecht's customers.

David is the driving force in taking Protecht's risk thinking to the frontiers of what is possible in risk management and to support the uplift of people risk capability through training and content.

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