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Risk and How to use a Risk Matrix

743 ratings | 63506 views
In this video we will take a look at what risk is and how to use a simple risk matrix. This video was created by Ranil Appuhamy Voiceover - James Clark -------------------------------------------------------------------------------------------------------- Disclaimer: These videos are provided for educational purposes only. Users should not rely solely on the information contained within these videos and is not intended to be a substitute for advice from other relevant sources. The author/s do not warrant or represent that the information contained in the videos are accurate, current or complete and do not accept any legal liability or responsibility for any loss, damages, costs or expenses incurred by the use of, or reliance on, or interpretation of, the information contained in the videos.
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Text Comments (30)
Pablo Gonzalez (1 day ago)
great video
Shoaib Ahmed (15 days ago)
Very Helpful and time saving
lsn (1 month ago)
This is very good example and explanation
Wim M (1 month ago)
Very helpful information. Thanks very much.
sale randi k terko explan ni aata krna
ensitu (2 months ago)
Also known as the Alpha-Beta matrix in the risk management industry
Syuing Yang (2 months ago)
Hi! Is it possible to ask what software/app do you use to create this video? Thank you!
Nguyen Tanthien (2 months ago)
Je nach Strategien........Banken...........?
Nguyen Tanthien (2 months ago)
Nur wegen Banken & Versicherungen..........So erklären Sie....es..............
Sachin Kasture (3 months ago)
What a wonderful video !! Superb!!👌👌👌
Kaleb Debebe Yigezu (3 months ago)
you made it extremely clear
_reddy r (3 months ago)
Thank you so much... Awesome explanation💝 much needed right now as i hav exam in 2 hrs😅
Asteclimanos San (4 months ago)
It is associate with probability, but how calculate the probability?
Ninad Bodas (2 months ago)
For Likely hood, two factors to be considered 1. Number of person exposed to such activity and level of existing control we have.
Asteclimanos San (4 months ago)
@Sotero Nepomuceno thank you
Sotero Nepomuceno (4 months ago)
Probability is not calculable it is a frequency means "how many times it may occur" or "how often it may happen".....ex. rare, certain, possible occur etc....Only "Risk Rating"is calculable: Likelihood x Severity (Consequences/Impact).
Yivina Ni (5 months ago)
This is really helpful !!!
srashta kaushik (5 months ago)
Plz upload more vdo about systematic review and meta analysis
J J (5 months ago)
Very good explanation
That matrix made me confusion...Better to place " consequences" in bottom
Sotero Nepomuceno (4 months ago)
Same analogy even if it will be exchanged. Most Risk Matrix treat the x- axis /base as a consequence and the y- axis / height is the likelihood (you are correct)...but the same principle digested though it is subjective, means can be expressed to various viewpoints but arrived to similar understanding.
aHmEd sUnNY (7 months ago)
very interesting and fully learnedable watching, thanks for sharing.
PAK TECH (8 months ago)
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Sarose Khanal (8 months ago)
Nice elaboration. Tqx for the video.... Keep making :)
aspermag aspermag (8 months ago)
Your explanation is just great!
joguns2 (9 months ago)
Very beautiful and illustrative video. Thanks for sharing.
Sarah Jane Smith (1 year ago)
I learned something new here. In the next risk video, if there is an extension to this, can you provide some examples of risk matrices used in the real world.
Steven Byrne (7 days ago)
We use them in Cyber Security allot, for instance basic PUP (potentially unwanted programs) fall into low risk but are medium/high likelihood, thus it falls into a yellow category which means we mitigate the risk with Anti Malware software until the occurrence of successful PUP being installed falls to rarely and is then an acceptable risk.
Sunu Raaz (2 months ago)
Anand Kishore (1 year ago)
Padha raha hai ki dara raha hai😂

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