Risk and How to use a Risk Matrix

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.

[solaudio-kenhtruyen]

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!

[Biomeducated]

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

[nonyeio]

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!

[godfather]

Thank you Dr. Ranil Appuhamy. It is so Useful and practical.

[tyronetransamerica]

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.

[Talktome]

You are amazing sir. Thanks for your contribution to our knowledgement

[Ghosted]

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 😁

[tangohfon]

Thank you for the straightforward explanation.

[GAJackson]

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?

[mutrikalkhtani]

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

[efosaodiase]

Oh boy !!! I owe you a beer for this beautiful breakdown

[KeepUpEducational]

Great information! Congrats on your educational initiative!

[shamrode]

Very interesting & useful information, thanx for sharing.

[ahmedalhassani]

Simple, easy and time-saving.. big thx

[Mick-qqpi]

This was the best way to explain risk matrix in 5 min, great video

[MuhammadIrfan-hbtb]

CHEERS MATE..!! A VERY BRIEF YET CLEAR EXPLANATION OF THE RISK PROBABILITY AND IMPACT MATRIX

[nioshfirstaid]

V good presentation. Thanks all of you

[autocadwiz]

Thank you very much for posting this video. It is clear and simple.

[lilxlil]

Thank you very much for this post . Its really helpfull

[thembinkosisbusisomasinga]

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