Ten steps to risk assessment and developing a risk management plan
1. Make a commitment as an organisation to risk management
2. Identify possible threats and risks
3. Assess the level of each risk
4. Decide to accept or treat each risk
5. Determine treatment options for all unacceptable risks
6. Formalise your risk management plan
7. Implement your treatment options
8. Communicate information to everyone affected
9. Review your risk management plan
10. Identify any new risks and update your action plan