A common misconception of risk management is that it's an overtly negative approach. That couldn't be further from the truth.
In reality, risk management is an optimistic and opportunistic practice that seeks to adopt a proactive outlook, as opposed to a reactive one.
The point of risk management is to make the most of the present, while preparing for the future (and capitalizing on deviations from standard procedure)
To successfully implement a risk management system, you need a good process.
The purpose of this checklist is to streamline the risk management process by automating tedious manual tasks and reducing human error by providing a reliable, simplified framework in the form of individual, actionable steps.
Important Note: This process, although many can contribute to this process, the meeting is to be led and conducted through the discretion of the Risk Manager.