Respond to, monitor and communicate risk

By the end you’ll be able to

• Select responses for threats (escalate, avoid, transfer, mitigate, accept) and opportunities (escalate, exploit, share, enhance, accept)
• Assign risk owners, define triggers, contingency and fallback plans, and identify residual and secondary risks
• Execute the risk management plan, including responses for security and sustainability risks, and monitor and control risks (risk reviews, audits, reserve analysis, trend analysis)