Step 5: Risk Assessment

Risk Insights have developed our own unique assessment approach for the Risk Perception Survey.  Impact and Likelihood assessments can be made on a scale of the company’s choosing e.g. 1 to 5, 1 to 7, .

To avoid a common problem of assessments rating the majority of risks as ‘High’ our risk perception survey ‘nudges’ respondents to consider assessments in relation to each other e.g. the impact is “Definitely more than others”, “probably less than others”.

Combined with our unique drag-and-drop approach, respondents can  assess all the risks they have identified quickly and confidently.