TENORIO, KYLA NICOLE A.

BSBA FM-1202

Assignment No. 3

SUMMARY ANALYZING RISKS

Risk Analysis is a proven way of identifying and assessing factors that could negatively affect the
success of a business or project. Risk does impact a financial, it involves examining how project
outcomes and objectives might change due to the impact of the risks event. This situation could affect
your cash flow and leave you unable to meet your obligations. It helps businesses identify, quantity and
prioritize a potential risks that could negatively affect the organizations operations.

There are many different tools available for measuring and monitoring it performance and
capacity and the specific tools that are appropriate for a given situation will depend on the organizations
needs and IT infrastructure. However, based on the context of measurement tools, here are some
measurement tools that are commonly used for different types of measurement: Ruler or tape measure,
Scale, Thermometer, Timer or stopwatch, Caliper, Protractor, and Multimeter.

Reporting a risk analysis to management in an understandable fashion is important to ensure

that the management team can make informed decisions about risk management strategies and
investments. Reporting a risk analysis to management in an understandable fashion can be done by
following these steps: Start with a summary; begin with a brief summary of the key risks and the
potential impact they could have on the company or project. Use clear language; avoid using technical
jargon or complex language that may be difficult for the management team to understand. Prioritize the
risks; It's important to prioritize the risks based on their potential impact and likelihood of occurring. Use
visual aids; graphs, charts, and other visual aids can help to communicate the risks and their potential
impact in a clear and easy-to-understand way.Provide recommendations; after presenting the risks,
provide recommendations for how to mitigate or manage them. Discuss the trade-offs; It's important to
discuss the trade-offs and potential costs of implementing each recommendation. By following these
steps, you can present a risk analysis to management in an understandable and actionable way.