Risk and How to use a Risk Matrix

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Published 2018-06-08

In this video we will take a look at what risk is and how to use a simple risk matrix.

This video was created by Ranil Appuhamy
Voiceover - James Clark

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Disclaimer:
These videos are provided for educational purposes only. Users should not rely solely on the information contained within these videos and is not intended to be a substitute for advice from other relevant sources. The author/s do not warrant or represent that the information contained in the videos are accurate, current or complete and do not accept any legal liability or responsibility for any loss, damages, costs or expenses incurred by the use of, or reliance on, or interpretation of, the information contained in the videos.

All Comments (21)

@nonyeio2716 5 months ago

I can’t believe you just solved an issue I’ve been battling with in my Risk Management assignment. I’ve been trying to figure out how to rate risks as i didn’t understand the explanation in class! THANK YOU!
@solaudio-kenhtruyen2934 2 years ago

A basic understanding about Risk Assessment, B/c as mentioned in the Video, there're various types of Risk matrix depend on the particular context! Thanks a lot!
@tyronetransamerica1235 4 years ago

This short video is a thought-out presentation on Risk and how to use a Risk Matrix. It is very well done. I have recommended it to my team and I recommend it to you.
@godfather3110 2 years ago

Thank you Dr. Ranil Appuhamy. It is so Useful and practical.
@Talk123tome 3 years ago

You are amazing sir. Thanks for your contribution to our knowledgement
@Biomeducated 4 years ago

0:13 What is Risk? 1:07 What EXACTLY is Risk? 1:27 an example 2:55 Risk matrix 3:32 matrix applied to the example 4:16 types and properties of risk matrices
@Ghosted746 2 years ago

This video helped me on my video last year and remembered it this year during my 4th year project management assignment, searched for it for almost an hour😭😅.. Finally found it 😁
@Mick-qq1pi 4 years ago

This was the best way to explain risk matrix in 5 min, great video
@rohitrajora3325 3 years ago

Got referred to this by my Professor. He is making their job our life easy. Thanks 👍
@mutrikalkhtani5842 3 months ago

I have been taking long time to figure out (RISK MATRIX) you entered in my mind in 5 minutes. THANK YOU SO MUCH.
@JennyJay803 4 years ago

The visuals and explanation is on point! I learned so many about Risk Management in just 5 minutes. Thank you so much Sir!
@tangohfon8361 3 months ago

Thank you for the straightforward explanation.
@thembinkosisbusisomasinga2811 1 month ago

You changed the way i used to struggle to figure out for many years, thank you
@autocadwiz4103 4 years ago

Thank you very much for posting this video. It is clear and simple.
@ahmedalhassani1801 4 years ago

Simple, easy and time-saving.. big thx
@GAJackson 3 years ago

I'm showing this to my 3 classes of IELTS students this week. But I DO have a question: Why is the distribution color asymmetrical in distribution in the matrix itself? If anything, I would expect more red or yellow squares and fewer green ones?
@MuhammadIrfan-hb8tb 3 years ago

CHEERS MATE..!! A VERY BRIEF YET CLEAR EXPLANATION OF THE RISK PROBABILITY AND IMPACT MATRIX
@hasibullahsalimi4495 4 years ago

This is a good basic general definition of risk and risk matrix.
@theriskexperiencepodcast5047 3 years ago

Good presentation. It's always good to break down concepts, just as you've done.
@kwakukpobi115 2 years ago

This a well planned and thorough presentation…..one of the best I have watched