**4. Implementation of a risk management plan**

As mentioned before in the planning of biobank infrastructure and processes, a specific focus should be on risk management in the case of disasters and unexpected occurrences. In the future, risk management has to be a core competency of every biobank. In order to provide structure for a risk management plan, risks need to be categorized. On the one hand, managers/directors have to ensure that there is an effective management of both, few risks that are fundamental to the organizations and many risks that impact on day-to-day activities and have a shorter time frame

#### *Risk Management in Biobanks DOI: http://dx.doi.org/10.5772/intechopen.91463*


**Figure 5.**

*SWOT strategies – practical example of two biobanks of CEE countries (HigherKos Project – CONEKT).*

than longer-term strategic risks. These two types could be categorized as strategic and operational risks (**Figure 6**).
