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Risk Assessment Matrix

Category: Business Article
Risk Assessment Matrix What is a Risk Assessment Matrix?

A risk assessment matrix is, as the name suggests, a matrix, table or for, that allows you to map risks out for analysis. The key parameters you are looking for in a risk are the probability of the risk happening and the impact on the project.

The risk assessment matrix is laid out in such a way as to provide a clear graphic view of each risk in terms of its probable occurrence and impact. Most organisations and project managers will give probability and impact a high/medium/low rating, or a 1,2,3 rating option so that they are easy to colour code for visual impact....

Reducing Business Carbon Footprints

Category: Business Article
Reducing Business Carbon Footprints Monitoring your carbon footprint is especially vital to our planet, especially if you are a business. It is crucial to reduce greenhouse gas emissions wherever possible. If a business measures their emissions, they can learn how to effectively manage them. By doing so, it can have a large impact on helping tackle the problem of climate change. There is even the opportunity to reduce your business' expenses in the process. If you own or manage a company and you want to reduce that company's carbon footprints, the following explains some procedures that can get you started in the right direction.



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