According to both formal and informal surveys, the focus on risk, continues to grow. In these uncertain times, correctly identifying organisational risks helps businesses to make full use of available resources and improve productivity. A risk heat map can help in the process. Our updated tool shows you how you can create and use risk heat maps with sample grids, questions and some practical dos and don’ts.
This tool is geared towards the novice as well as the experienced professional and includes an explanation of a heat map, four necessary elements to include, qualitative and quantitative samples, and guidance for implementation and monitoring.
This risk heat map is the first in a series of new and updated resources to assist your organisation in risk management. A full Risk Management Tool can be found at on cgma.org. Please make sure to check there for new information.