Risk Assessment


Made by : Dimas Arya Denta




Definition

Risk assessment is method for estimate the effect and in order to prepare any effect of the risk. Risk have a big effect for our activity especially in systems. If just one component made a mistake, it can affect all of component. In here, we talk about reducing the risk and how to handle the effect of the risk itself. There are several steps that we must do before we analyse that are analyse the level of risk, consideration of hazard level, and evaluate whether the source of hazard can be controlled.



Focus

Assessment can be focused on certain areas both the risk level is unknown and the risk level is high. Defining scope and limitations can help save costs.  How to determine limitations, scope, and methodology will have major consequences in the total amount of effort spent on risk management and the type and usefulness of the results of the assessment. Limits and scope must be chosen in a way that will provide clear, specific, and useful results for the system and the environment. Risk has many different components, including assets, threats, vulnerabilities, protection, consequences, and possibilities. Examination includes collecting data about threatened areas and synthesizing and analyzing information to be useful. To avoid the possibility of gathering a lot of information but only a few can be analyzed, steps need to be taken to limit the collection of information by screening. An attempt at risk management must focus on areas that produce the greatest consequences for the organization such as causing large losses. This can be done by threats and assets. A risk management methodology does not always need to analyze the risk components separately. For example, assets and consequences or threats and likelihoods can be analyzed together.



Function

Risk assessment is used to support two related functions, namely risk acceptance and economical cost control. To achieve these functions, risk assessment must produce meaningful output, which reflects what really matters to the organization. Limiting the most significant risk interpretation activities to risk is another way in the risk management process that is focused on reducing overall efforts while still producing useful results. If the risk is interpreted consistently throughout the organization, the results can be used to prioritize systems that must be secured. 

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