Risk Matrix helps you identify and prioritize various risks by estimating the probability of their occurrence and the severity of impact if they occur
What is Risk Matrix?
Risk Matrix is a management tool that lets you magnify the visibility of possible risks in order to help managers with their decision making.
What can a Risk Matrix do for you?
Risk Matrix has been widely adopted by many businesses because it’s a practical and easy-to-use tool that helps most organizations, in most situations, to promote robust discussions, achieve more consistency in risk prioritization, facilitate risk workshops, focus on the highest priority risks, and present complex risk data in a visual chart.
Why you should use RealtimeBoard to create a Risk Matrix:
- Flexible templates let you add and remove elements, change colors and shapes, and resize and move elements to make your collaboration processes align with your goals.
- You can add sticky notes, post comments, mention teammates, and use the chat function to communicate and get fast feedback.
- You can prepare meetings by creating presentations together with your team, right on the board. Download it in .JPG or .PDF if needed.
- You can share real-time access with all stakeholders, keeping everyone on the same page and making collaboration visual and engaging.
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