HIMA Middle East | Risk Management International

		Preparation for Management of Risks Analysing Threats and Hazards • Determining the potential for an undesired event through: • Establishment of Likelihood of Occurrence • Identifying Vulnerabilities • Evaluating Consequences should threats or hazards materialise • Assessing Risks arising • Producing Risk Reviews to: • Highlight the specific aspects of assets and projects that are, or may be, at risk • Recommend adjustments to the plans, procedures and processes that provide Risk Management coverage. These adjustments include designing-out the risks and designing-in risk mitigation • Setting Risk Management priorities • Producing Risk Treatment Plans as a framework to implement Risk Management processes and procure solutions for managing risk.