A risk assessment analysis will be created, after gathering all the data from the previous steps. The risk assessment analysis will be accompagnied by the risk treatment framework.
More specifically:
- Risk hierarchy of each area, based on risk exposure and related implications (High, Medium, Low)
- Action plans and audit procedures will be installed to address the risks posed by risk assessment and as well the risk owners
Deliverables:
- Risk Assessment analysis
- Risk Treatment analysis with specific recommendations for the areas that need further improvement
