Wednesday Oct 11, 2023

Episode 94 - 5 x 5 Risk Assessment Matrix

In today's episode, Dr. Ayers discusses a 5x5 risk assessment matrix.  Activity severity (consequence) and frequency are discussed, and practical examples are given. A 5x5 risk assessment matrix allows for a highly detailed analysis of risks, helping organizations prioritize their risk management efforts effectively. It's especially useful for situations where a more nuanced assessment of risks is needed.

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