SlideShare a Scribd company logo
A Suryanshi NaxSys
Holding
Risk Management & Correlation with with Iatf & Iso
standards Series 2 Part 2
NaxSys Tv
General
Method
1
Prioritized
The Risk
2
Action Plan
of Risk
3
Agenda……..
Guru speak on Risk……………..
“The Biggest risk i snot taking risk .....
In a world that changing really quickly , the only strategy that is guranteed to fail is not taking
risk ”
What is risk Management?
Risk Management is the identification, evaluation & prioritizaion of risk
followed by coordinated & economical application of resource to mimise
monitor & control the probability or impact of unfortunate event &
maximize the realization of opportunities
If we consider in the simple word than it could defined by the effect of
uncertainty of objective
Lets start……
1 Include Evaluating and Action Plan to resolve
2 Excise to Evaluation & resolving it
3 Its is subset of Risk Management
Risk Assessment
1 Procedure to identify ,Evaluating & Ap to resolve
2 Structural Manner to address of risk
3 Iso Standard 31000 comply risk Management
Risk Management
Risk Assessment Vs Risk management…….
1
1
Listing
Of event
/
Process
2
Identify
the risk
3
Prioritize
d &
Evaluati
on Of
Risk LOREM
5
Performan
ce &
effectivene
ss
4
Make the
mitigation
plan
These are mode on which risk can be classify on different senerio
Procedural step for risk Management
•A Process contain many Sub process & event
•Every event sub process Many Possibilities of issues
•So listed all issues which associate with it
Listing of event……………
The best method of Identify the risk is Brainstorming with CFT
Review the probable source of risk & brainstorm the specific Risk
related to event / Process
Review the outcome of Risk & Brainstorm the how it arise
Identify the risk ……………
source
Outcome
Risk
1
Select
The risk
2
2
Examine
the Each
risk factor
3
Prioritized
the risk to
first
evaluation
Prioritized & Evaluation Of Risk………
Risk factor establish the prioritization
All Risk : Thousand
Risk indicated via factor table: Hundred
Prioritized/ High rated :Dozen
Risk To be managed; Tenth
1
Risk
reduction
2
Risk
transfer
3
Optimist
investmen
t
After the priorizartion we will create the strategy to meet one or more
parameters
Make Mitigation Plan
We regular monitoring the action plan & strategy it effectively achieve
the required results It is important so that it is lead to continually
improvement
This is cycle is to reduce further risk in business
Performance Monitoring Management
01
0204
03
Create the
mitigation plan
Make
improvements.
List of event &
Identify the risk
Check
Effectiveness
Risk management Are continual process......
General
Method
1
Prioritized
The Risk
2
Action Plan
of Risk
3
Recap ……..
How to do
risk
assignment
1
Priorisatio
n of risk
2
Mitigation
Plan
3
Future Insight
Coming On next presentation
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
THANK YOU

More Related Content

What's hot

SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...
SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...
SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...
British Science Association
 

What's hot (17)

Risk Management: A Key Success Factor
Risk Management: A Key Success FactorRisk Management: A Key Success Factor
Risk Management: A Key Success Factor
 
Risk management process
Risk management  processRisk management  process
Risk management process
 
Chapter 1 risk management (3)
Chapter 1  risk management (3)Chapter 1  risk management (3)
Chapter 1 risk management (3)
 
Risk Analysis for Dummies
Risk Analysis for DummiesRisk Analysis for Dummies
Risk Analysis for Dummies
 
Risk management process
Risk management processRisk management process
Risk management process
 
Manage risks
Manage risksManage risks
Manage risks
 
Software risk management
Software risk managementSoftware risk management
Software risk management
 
Introduction to risk management
Introduction to risk managementIntroduction to risk management
Introduction to risk management
 
SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...
SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...
SCC2013 - Keep calm and carry on: Practical tips on how to cope when public e...
 
Entrepreneur risk management pup feb_19_2022
Entrepreneur risk management pup feb_19_2022Entrepreneur risk management pup feb_19_2022
Entrepreneur risk management pup feb_19_2022
 
Risk management program oregon sql
Risk management program oregon sqlRisk management program oregon sql
Risk management program oregon sql
 
Projects risk management
Projects risk managementProjects risk management
Projects risk management
 
bpm-risk-analysis
bpm-risk-analysisbpm-risk-analysis
bpm-risk-analysis
 
Planning risk responses and Risk Controlling
Planning risk responses and Risk ControllingPlanning risk responses and Risk Controlling
Planning risk responses and Risk Controlling
 
DEVELOPING AN ICT RISK REGISTER
DEVELOPING AN ICT RISK REGISTERDEVELOPING AN ICT RISK REGISTER
DEVELOPING AN ICT RISK REGISTER
 
Risk analysis
Risk analysisRisk analysis
Risk analysis
 
Who would ever fore see risk identification? by Dr.Mahboob ali khan Phd
Who would ever fore see risk identification? by Dr.Mahboob ali khan Phd Who would ever fore see risk identification? by Dr.Mahboob ali khan Phd
Who would ever fore see risk identification? by Dr.Mahboob ali khan Phd
 

Similar to Risk Management Part 2

Risk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdf
Risk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdfRisk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdf
Risk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdf
RT Compliance
 
Qrm presentation
Qrm presentationQrm presentation
Qrm presentation
Geetha Svcp
 
Risk Management Training 2013
Risk Management Training 2013Risk Management Training 2013
Risk Management Training 2013
Vicky Ames
 
RISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdf
RISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdfRISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdf
RISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdf
olabisiali
 

Similar to Risk Management Part 2 (20)

2 Risk managemennt Chapter 2_ NGUC_2020.ppt
2 Risk managemennt Chapter 2_ NGUC_2020.ppt2 Risk managemennt Chapter 2_ NGUC_2020.ppt
2 Risk managemennt Chapter 2_ NGUC_2020.ppt
 
Risk Assessment and Risk Assessment Matrix Presentation
Risk Assessment and Risk Assessment Matrix PresentationRisk Assessment and Risk Assessment Matrix Presentation
Risk Assessment and Risk Assessment Matrix Presentation
 
Risk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdf
Risk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdfRisk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdf
Risk Management Process Explained 6 Key Steps for Effective Risk Mitigation.pdf
 
Qrm presentation
Qrm presentationQrm presentation
Qrm presentation
 
Risk Assessment.pptx
Risk Assessment.pptxRisk Assessment.pptx
Risk Assessment.pptx
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
Risk managament by Vilas Mahajan
Risk managament by Vilas MahajanRisk managament by Vilas Mahajan
Risk managament by Vilas Mahajan
 
By LK_Manager_operational_risk_270715.pptx
By LK_Manager_operational_risk_270715.pptxBy LK_Manager_operational_risk_270715.pptx
By LK_Manager_operational_risk_270715.pptx
 
Susan Parente Presents: Busting Barriers to Risk Management: PM Reston Lunche...
Susan Parente Presents: Busting Barriers to Risk Management: PM Reston Lunche...Susan Parente Presents: Busting Barriers to Risk Management: PM Reston Lunche...
Susan Parente Presents: Busting Barriers to Risk Management: PM Reston Lunche...
 
Risk-Management-ppt.pptx
Risk-Management-ppt.pptxRisk-Management-ppt.pptx
Risk-Management-ppt.pptx
 
RISK MANAGMENT.pdf
RISK MANAGMENT.pdfRISK MANAGMENT.pdf
RISK MANAGMENT.pdf
 
Presentation on QRM
Presentation on QRMPresentation on QRM
Presentation on QRM
 
Capacity building copy for small companies.pptx
Capacity building copy for small companies.pptxCapacity building copy for small companies.pptx
Capacity building copy for small companies.pptx
 
Risk Management Training 2013
Risk Management Training 2013Risk Management Training 2013
Risk Management Training 2013
 
ToTCOOP+i O3 o4 unit-9_final_version_en
ToTCOOP+i O3 o4 unit-9_final_version_enToTCOOP+i O3 o4 unit-9_final_version_en
ToTCOOP+i O3 o4 unit-9_final_version_en
 
Risk Management in Agile Methodology.ppt
Risk Management in Agile Methodology.pptRisk Management in Agile Methodology.ppt
Risk Management in Agile Methodology.ppt
 
Risk Management Presentation (Agile).pptx
Risk Management Presentation (Agile).pptxRisk Management Presentation (Agile).pptx
Risk Management Presentation (Agile).pptx
 
For Ch -6 == Risk Monitoring & Controlling.pptx
For Ch -6 == Risk Monitoring & Controlling.pptxFor Ch -6 == Risk Monitoring & Controlling.pptx
For Ch -6 == Risk Monitoring & Controlling.pptx
 
Risk1.ppt
Risk1.pptRisk1.ppt
Risk1.ppt
 
RISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdf
RISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdfRISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdf
RISK TEMPLATE FORMATE GOOD-ALIU OLAB.pdf
 

More from prateek verma (10)

Ai Sustainability
Ai Sustainability Ai Sustainability
Ai Sustainability
 
Correlation matrix with TS 16949-Iatf 16949
Correlation matrix with TS 16949-Iatf 16949Correlation matrix with TS 16949-Iatf 16949
Correlation matrix with TS 16949-Iatf 16949
 
Correlation between Ts16949-Iatf 16949
Correlation between Ts16949-Iatf 16949Correlation between Ts16949-Iatf 16949
Correlation between Ts16949-Iatf 16949
 
High level structure (SL)
High level structure (SL)High level structure (SL)
High level structure (SL)
 
Naxolink AI Concepts
Naxolink AI ConceptsNaxolink AI Concepts
Naxolink AI Concepts
 
Difference in Iatf 16949 & TS 16949
Difference in Iatf 16949 & TS 16949Difference in Iatf 16949 & TS 16949
Difference in Iatf 16949 & TS 16949
 
Documented Information
Documented InformationDocumented Information
Documented Information
 
Context of Organisations
Context of OrganisationsContext of Organisations
Context of Organisations
 
Extended eklavya solar
Extended eklavya solarExtended eklavya solar
Extended eklavya solar
 
V5.0.1
V5.0.1V5.0.1
V5.0.1
 

Recently uploaded

The Future of Autonomous Vehicles | civilthings.com | Detailed information
The Future of Autonomous Vehicles | civilthings.com |  Detailed informationThe Future of Autonomous Vehicles | civilthings.com |  Detailed information
The Future of Autonomous Vehicles | civilthings.com | Detailed information
gettygaming1
 
一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理
一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理
一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理
psavhef
 
一比一原版BC毕业证波士顿学院毕业证成绩单如何办理
一比一原版BC毕业证波士顿学院毕业证成绩单如何办理一比一原版BC毕业证波士顿学院毕业证成绩单如何办理
一比一原版BC毕业证波士顿学院毕业证成绩单如何办理
amvovau
 

Recently uploaded (8)

Advanced Technology for Auto Part Industry Inventory Solutions
Advanced Technology for Auto Part Industry Inventory SolutionsAdvanced Technology for Auto Part Industry Inventory Solutions
Advanced Technology for Auto Part Industry Inventory Solutions
 
Core technology of Hyundai Motor Group's EV platform 'E-GMP'
Core technology of Hyundai Motor Group's EV platform 'E-GMP'Core technology of Hyundai Motor Group's EV platform 'E-GMP'
Core technology of Hyundai Motor Group's EV platform 'E-GMP'
 
gtyccccccccccccccccccccccccccccccccccccccccccccccccccccccc
gtycccccccccccccccccccccccccccccccccccccccccccccccccccccccgtyccccccccccccccccccccccccccccccccccccccccccccccccccccccc
gtyccccccccccccccccccccccccccccccccccccccccccccccccccccccc
 
The Future of Autonomous Vehicles | civilthings.com | Detailed information
The Future of Autonomous Vehicles | civilthings.com |  Detailed informationThe Future of Autonomous Vehicles | civilthings.com |  Detailed information
The Future of Autonomous Vehicles | civilthings.com | Detailed information
 
一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理
一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理
一比一原版SDSU毕业证圣地亚哥州立大学毕业证成绩单如何办理
 
一比一原版BC毕业证波士顿学院毕业证成绩单如何办理
一比一原版BC毕业证波士顿学院毕业证成绩单如何办理一比一原版BC毕业证波士顿学院毕业证成绩单如何办理
一比一原版BC毕业证波士顿学院毕业证成绩单如何办理
 
Understanding BDA and BBMP: Key Players in Bangalore’s Urban Development
Understanding BDA and BBMP: Key Players in Bangalore’s Urban DevelopmentUnderstanding BDA and BBMP: Key Players in Bangalore’s Urban Development
Understanding BDA and BBMP: Key Players in Bangalore’s Urban Development
 
Essential Maintenance Tips For Commercial Vans.
Essential Maintenance Tips For Commercial Vans.Essential Maintenance Tips For Commercial Vans.
Essential Maintenance Tips For Commercial Vans.
 

Risk Management Part 2

  • 1. A Suryanshi NaxSys Holding Risk Management & Correlation with with Iatf & Iso standards Series 2 Part 2 NaxSys Tv
  • 3. Guru speak on Risk…………….. “The Biggest risk i snot taking risk ..... In a world that changing really quickly , the only strategy that is guranteed to fail is not taking risk ”
  • 4. What is risk Management? Risk Management is the identification, evaluation & prioritizaion of risk followed by coordinated & economical application of resource to mimise monitor & control the probability or impact of unfortunate event & maximize the realization of opportunities If we consider in the simple word than it could defined by the effect of uncertainty of objective
  • 6. 1 Include Evaluating and Action Plan to resolve 2 Excise to Evaluation & resolving it 3 Its is subset of Risk Management Risk Assessment 1 Procedure to identify ,Evaluating & Ap to resolve 2 Structural Manner to address of risk 3 Iso Standard 31000 comply risk Management Risk Management Risk Assessment Vs Risk management…….
  • 7. 1 1 Listing Of event / Process 2 Identify the risk 3 Prioritize d & Evaluati on Of Risk LOREM 5 Performan ce & effectivene ss 4 Make the mitigation plan These are mode on which risk can be classify on different senerio Procedural step for risk Management
  • 8. •A Process contain many Sub process & event •Every event sub process Many Possibilities of issues •So listed all issues which associate with it Listing of event……………
  • 9. The best method of Identify the risk is Brainstorming with CFT Review the probable source of risk & brainstorm the specific Risk related to event / Process Review the outcome of Risk & Brainstorm the how it arise Identify the risk …………… source Outcome Risk
  • 10. 1 Select The risk 2 2 Examine the Each risk factor 3 Prioritized the risk to first evaluation Prioritized & Evaluation Of Risk………
  • 11. Risk factor establish the prioritization All Risk : Thousand Risk indicated via factor table: Hundred Prioritized/ High rated :Dozen Risk To be managed; Tenth
  • 12. 1 Risk reduction 2 Risk transfer 3 Optimist investmen t After the priorizartion we will create the strategy to meet one or more parameters Make Mitigation Plan
  • 13. We regular monitoring the action plan & strategy it effectively achieve the required results It is important so that it is lead to continually improvement This is cycle is to reduce further risk in business Performance Monitoring Management
  • 14. 01 0204 03 Create the mitigation plan Make improvements. List of event & Identify the risk Check Effectiveness Risk management Are continual process......
  • 16. How to do risk assignment 1 Priorisatio n of risk 2 Mitigation Plan 3 Future Insight Coming On next presentation
  • 17. 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