Risk management is a structured process that reduces uncertainty and increases the likelihood that an organisation will achieve its objectives. It does this by helping organisations to identify, understand and manage the risks they face.

The following articles give practical tips on how to take a proactive approach to risk management:

Writing risk descriptions

Using a risk taxonomy

Likelihood and impact

Estimating probabilities

Visualising risk

Appetite for risk

Evaluating controls

Questions Governors should ask about risk