Protecht webinars
Inherent, Residual, Targeted Risk illustration

Risk Self-Assessment

Inherent, Residual and Targeted Risk: What Risk Professionals Need to Know

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The value of assessing Inherent, Residual and Targeted risks has been subject to much debate. In this webinar, we discuss the concepts of each level of risk and how each can best be used in a risk management framework to add value.

Professional hacks for overcoming common issues in using Inherent Risk will be discussed.

What you will learn in this webinar:

  • Defining Inherent, Residual and Targeted risk
  • Common issues in using Inherent Risk
  • Using Inherent, Residual and Targeted risks in a risk management framework
    • Using risk matrices
    • Using appropriate likelihood and impact scales
    • Rating control effectiveness, existing and proposed controls
    • Reporting the various risk levels
  • Extracting valuable insights and prompting action
  • Visualisation of risk assessment and reporting concepts in Protecht.ERM

Note: Fill up the form to attend the live webinar or to receive the webinar recording afterwards.

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Your Presenters

David Bergmark, Chief Executive Officer

David Bergmark
Chief Executive Officer, Protecht
 
David Bergmark consults on a variety of market and enterprise risk management issues and is actively involved in product development, and working with Protecht clients to get a better understanding of how effective risk management can lead to better decision making and increased performance.
David Tattam, Director Research and Training

David Tattam
Director, Research and Training, Protecht
 
David Tattam is the  author of "A Short Guide to Operational Risk" and is recognised internationally as a specialist in all facets of risk management and in particular, enterprise risk management. Prior to founding Protecht in 1999, he held roles as the Head of Operations and Risk Management at two international banks, WestLB and The Industrial Bank of Japan.