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Last Updated: 02/05/2021
in Overview
Riskion ® is a revolutionary, web-based risk management tool designed to help enterprise-level businesses identify, accurately measure, and mitigate potential risks (or increase potential gains) through professional crowdsourcing and mathematical m...
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Last Updated: 04/29/2021
in Risks Bow-Tie Diagrams
Overview The Bowtie method is a risk evaluation method that can be used to analyze and demonstrate causal relationships in risk scenarios. The method takes its name from the shape of the diagram that you create, which looks like a men’s bowtie. ...
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Last Updated: 05/03/2021
in Risks Risk Map
Overview Risk Map is a graphical visualization of the events' risks designed to illustrate the likelihood of events on one axis and the impact of events on the other. Here we see the Risk Map for Overall Likelihood, Impact, and Ris...
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Last Updated: 06/07/2021
in Overview
What is the meaning when someone says there is a risk of loss? It means that something might happen that can result in a loss . The words "something", "might", and "loss" have special meanings. The something is what we will call an 'Event', or...
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Last Updated: 06/08/2021
in Identify/Structure Identify
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Last Updated: 03/12/2021
in Impact of Events Measure
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Last Updated: 04/19/2021
in Controls Identify
Controls for Threats/Sources can be viewed, added, and assigned to this page. The Controls for Threats/Sources are listed as rows under the "Control Name" column, and the succeeding columns headings to the right are the threats/sources. You ca...
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Last Updated: 04/28/2021
in Risks Risk of Events
Overview This page displays the Overall Likelihoods, Impacts, and Risks of each Event . Overall Likelihoods, Impacts, and Risks of Events
The results for the "All Participants" group are displayed by default as indicated in the c...
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Overview The LEC represents the annual frequency whereupon a determining economic loss will be exceeded. It is the most important and strongest measurement of risk since it provides basic information for the planning and appropriation of the re...