In this short YouTube video, I present the concept of the risk matrix. If you’re involved in risk management or decision-making processes, understanding the risk matrix is essential. It’s a powerful tool used to assess and prioritize risks based on their likelihood and impact. In this video, I break down how the risk matrix works, discuss its components, and show you how to use it effectively to make informed decisions and mitigate potential threats. Get ready to master the risk matrix and enhance your risk management skills!

For more of Mark’s videos, see Mark’s YouTube Channel.