Mind Map for Risk Identification

This mind map for risk identification is an effective tool in identifying risks related to organizational operations. Mapping these risks is useful in improving operations and finding ways on how to mitigate the risks. The risks have been mapped using 7 key categories:

• External / Macro:  Risks caused by events that exist outside the organisation

• Technical: Risks that involve the use of systems and machines

• Unforeseen costs: Risks that involve events causing additional costs

• Operational: Risks that may disrupt daily activities and operations

• Environmental: Risks caused by environmental factors

• Time: Risks caused by changes in time expectations

• Resource Limitations: Risks caused by changes in manpower and talent resources

Fill out the blank version of the mind map based on the risks identified by you and your team.