Preparing A Risk Management Strategy
Navigating risk is critical for any business.
This course will show you how to utilize data sets in excel to identify risk and prepare a risk management strategy in a dynamic business environment.
Risk strategies need to reflect supplier portfolios and must be prioritized based on an impact-probability analysis.
Aligned with the organization’s tolerance level, budgets can be set to mitigate risk accordingly. Real world examples, sample data sets and tools will be provided to all participants.
- Understand how to utilize data within a portfolio matrix to differentiate supplier risk strategies
- Discover the benefits of impact-probability analysis with heat mapping functions
- Learn how to establish mitigation strategies to attain acceptable risk tolerances
- Leverage the risk management analysis to report and align at senior management levels.
Attendees of this course should have basic knowledge of Microsoft Excel.