**2.4 Planning of risk response**

For any major risk, an assignment together with responsible team/s or team member/s needs to be performed in order to monitor and to confirm the risk observation. For handling of the recognized major risks, individual tactics can be and should be carefully chosen:


2.Analysis and evaluation of risks (development of a risk list, evaluation of

3.Determine measures (in accordance to periodization—development of a

4.Monitoring risks (risk controlling—change of basic conditions, new

A risk assessment is a methodical technique of considering the routine and/or special work tasks, by means of thoughts on "what can go wrong." Then, it is the decision on appropriate control methods to avoid defeat, harm, or injury at the workplace. The calculation must comprise the controls, which are obligatory to

This will depend on the organization and may vary depending on the nature of work. However, assessments must consider everyone who could be affected by that

There are no unbreakable and/or reckless guidelines about how the risk assessments must be performed. Every organization, team, or department is different, so they may necessitate a somewhat diverse approach. It is nevertheless significant that risk assessments are conducted methodically and reflect all of the

probability and impact of occurrence for each identified risk)

catalogue of measures)

*Overview risk management process.*

*Risk Management in Biobanks*

*DOI: http://dx.doi.org/10.5772/intechopen.91463*

**3. Important risk management tools**

exclude, decrease, or minimize the given risks.

risks, etc.)

**Figure 3.**

activity.

**77**

predictable risks.

5.Adapt planning

**3.1 Risk assessment template**


For any given risk, which will be moderated, the responsible "employee's group" needs to recognize ways to elude or as a minimum alert the risk or decrease its effect or chance of arising. This may comprise prototyping, calculations in the timetable, counting of additional resources, etc.

For any recognized major risk, which needs to be reduced or accepted, a development of action plan should be drawn for the incident of risk materialization and impact decrease.

#### **2.5 Monitoring, controlling, and reporting**

The level of risk needs to be followed, checked, and reported periodically. All change requests will be analyzed for their possible impact to the risk management. Management will be notified of important changes to risk status (**Figure 3**). To summarize, the following steps should be complied with the development of a risk management plan:

1. Identification of risks (brainstorming, cause and effect diagram, lessonslearned, analysis of documents)

Impact

*Risk Management and Assessment*

management plan.

risk

outsourcing)

impact decrease.

**76**

**2.4 Planning of risk response**

and should be carefully chosen:

• **Accept**—No action needed

counting of additional resources, etc.

opment of a risk management plan:

learned, analysis of documents)

**2.5 Monitoring, controlling, and reporting**

• **High** are those risks which have the possible outcome of causing high expenses

• **Medium** are those risks which have the possible outcome of causing slightly higher expenses and moderate shifts of routine timetable or performance.

• **Low** are those risks which have a possible outcome of causing some expenses

Breakdown of risk events, which are ranked by qualitative risk analysis and the consequence results, will be estimated (a numerical rating applied to each risk based on this analysis) and then documented in this section of the risk

For any major risk, an assignment together with responsible team/s or team member/s needs to be performed in order to monitor and to confirm the risk observation. For handling of the recognized major risks, individual tactics can be

• **Mitigate**—Recognize ways to decrease the likelihood or the effect of the given

For any given risk, which will be moderated, the responsible "employee's group" needs to recognize ways to elude or as a minimum alert the risk or decrease its effect or chance of arising. This may comprise prototyping, calculations in the timetable,

For any recognized major risk, which needs to be reduced or accepted, a development of action plan should be drawn for the incident of risk materialization and

The level of risk needs to be followed, checked, and reported periodically.

1. Identification of risks (brainstorming, cause and effect diagram, lessons-

All change requests will be analyzed for their possible impact to the risk management. Management will be notified of important changes to risk status (**Figure 3**). To summarize, the following steps should be complied with the devel-

• **Transfer**—Nominate alternative party in charge for the given risk (e.g.,

• **Avoid**—Exclude the hazard by reducing or excluding the source

and big shifts of routine timetable or performance.

and slight shifts of routine timetable or performance.

**Figure 3.** *Overview risk management process.*

