This post is a repost of a short article I wrote in 2009, on my then riskguy blog. I've rewritten it to more appropriately reflect my ideas on this, as of course over the past years this has evolved. I've revisited this article because it has become actual again in the ongoing discussion on whether … Continue reading What defines a risk model?
Tag: risk identification model
The three categories in a Risk Identification Model
Why use categories?A way of structuring a risk identification model is by using categories. A category is a risk cluster which clusters risks according to area of (possible) occurrence. I use the following three categories, and do further clustering within a category according to types (a post on this to follow later): Environment (risks related … Continue reading The three categories in a Risk Identification Model
5 reasons for using a risk (identification) model
A frequently asked question“Why do you insist on using a risk (identification) model as the basis for risk management? We can easily do this without a model” It’s a question that comes up on occasion when I am teaching risk management or executing a risk assessment. It’s a relevant question. I’ve put together 5 good … Continue reading 5 reasons for using a risk (identification) model
Exploring The Black Box 