This document provides an overview of risk management and how it correlates with ISO and IATF standards. It defines risk, discusses different ways to classify and measure risk, and outlines the key types and functions of organizational risk. The levels of risk are categorized from strategic to tactical. The magnitude of impact and frequency of occurrence are also addressed. Functional risks like financial, leadership, and operational risks are examined. The presentation concludes by discussing future topics like risk prioritization, mitigation planning, and insights.

1. NaxSys Tv
Risk Management & Correlation with with Iatf & Iso
standards

2. What Is
risk ?
1
Mode of
classify
2
Type Of
Risk
3
Agenda……..

3. Guru speak on Risk
“Risk is, for some people, the fear of failure. If they take no risks, they have no
failure.But failure, as like risks, can be a great teacher. Don't let fear stop you
taking a risk to achieve your dreams. He who doesn't risk never gets to drink
champagne.”

4. What is risk ?
Risk defined as requirements of iso
9001 &Iatf system
A risk is a potential occurrence
(positive or negative). An
opportunity is a possible action that
can be taken. Opportunity requires
that one take action; risk is
something that action can be taken
to make more or less likely to occur
but is ultimately outside of your
direct control.
A probability or threat of damage,
injury, liability, loss, or any other
negative occurrence that is caused
by external or internal vulnerabilities,
and that may be avoided through
preemptive action( as per business
dictionary.com
If we consider in the simple word
than it could defined by
a situation involving exposure to
danger.

5. Lets start……

6. 1
1
Level
2
Magnitude
Of Impact
3
Relevan
ce
based
Risk
LOREM
5
Functional
4
Frequency
These are mode on which risk can be classify on different senerio
Mode to Classify Risk

7. Risk and Opportunity Classification –
by Level
Strategic
• LongTerm
• Requires
Leadership
Involvemen
t
• High Impact Operational
• Short to medium
term
• May impact a
program or project.
• Should be handledby
mid level
establishment.
Tactica
l
• Dayto day
risk
management.
• Low impact.
• Field staff
level
management.

8. 1
Major
2
Moderate
3
Minor
These defined the intensity of risk that would be impact
Magnitude Of Impact

9. 1
Organization
2
Program
3
Project
Risk related to activity which are executed
Relevance based Risk

10. 1
Frequent
2
Moderate
3
Infrequent
Risk related to frequency of occurrence
Risk based Frequency

11. Functional Risks
Financial
• Funds
Management
• Budgeting
• Audit and
Control
Leadership
• Physicalloss of
leadership
• Leadership
misalignment
Operational
• Selectionof
partners
• Selectionof
vendors
• Selectionof
projects
• Intellectual
Property
Risk related to the function of an organization

12. What Is
risk ?
1
Mode of
classify
2
Type Of
Risk
3
Recap.............

13. How to do
risk
assignment
1
Priorisatio
n of risk
2
Mitigation
Plan
3
Future Insight
Coming On next presentation

14. Give to Knowledge , It belong to
everyone
My self……………………..
Every person it own story . I m Prateek Verma working in Mayur
unquoter Ltd as Executive & previously I worked as Engineer in
Indosolar Ltd. My interest in development in new technology &
Interested in renewable energy to make sustainable. we also
take part In World Engineer Congress for solar development
analysis We have deep knowledge in Metallization process, Anti
reflective coating analysis ,P doping analysis & process
optimization of different process .
We provide this presentation to help Young one to cope in
changing environment in the physical world
Feel Free to contact
Email : Naxsystec@gmail.com
Phone :+919664236772

15. THANK YOU