Risk Management

The risks we face as a military organization have continually grown more and more complex. New risks are constantly emerging that requires leaders at all levels to be aware of and decide how much risk they are willing to accept or mitigate in order to accomplish the mission. 

After this lesson, you should be able to:

• Explain risk management and use of key performance indicators.

• Explain how to identify, assess, and mitigate risk.

• Communicate risk with stakeholders.

Lesson Intent: 

The Risk Management lesson is intended to equip individuals with the concept of risk management and how to identify risk in their organizations. Students will learn how to incorporate this knowledge into their leadership roles and develop an awareness to risk that enables them to mitigate and communicate risk in their organizations.

Student Preparation:

Complete the following reading: 

• “The 5 Components or Risk Management.”

• “What is a Key Performance Indicator” 

• “How to Communicate Risk to Project Stakeholders.” 

• Ch. 3, pgs. 14-24, from AFI90-802, 1 April 2019, RISK MANAGEMENT 

Lesson Reference(s): 

• KirkpatrickPrice. 15 Mar 2021. The 5 Components or Risk Management. 

• QlikTech International. (n.d.). What is a Key Performance Indicator. 

• Jarrad, Glenn. 15 Mar 2019. How to Communicate Risk to Project Stakeholders. 

• Read: AFI90-802, 1 APRIL 2019, RISK MANAGEMENT Chp. 3 pgs. 14-24.