There are three steps to risk planning which is practiced by our employees at TCRC:
- Identifying Risks
- Prioritizing Risks
- Determining Response Plans
The major purpose of doing risk planning is to identify potential problems before they occur so that risk-handling activities may be planned and invoked as needed across the life of the product or project to mitigate adverse impacts on achieving objectives.
- Risk identification
- Risk analyses
- Risk Mitigation Planning
- Management of residual risk
- Independent third-party research and assessment
- Equator principles (Environment & social monitoring)
- Project monitoring and management
- Product and cargo monitoring
- CMA risk monitoring & management
