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Shadow Planner

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Risk Management Module

The new Risk Management Module operates on the award winning Shadow-Planner platform has been developed in conjunction with the UK Defence Academy at Cranfield University.

The Shadow-Planner Risk Management Module allows you to make risk informed strategic decisions based on clear objective evidence.

By linking to a library of threats developed by Cranfield University, the Risk Management Module delivers an organisation wide risk evaluation in accordance with good practice and Home Office approved standards.

The commercial approach of this module enables organisations to conduct a thorough and objective assessment of their risks and vulnerabilities.

The project orientated structure of the Risk Management Module delivers clear, comprehensive and objective risk information to the Board, putting risk on to the strategic decision making agenda.

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The Module has been designed to enable an organisation to:-

Map exposure and vulnerability to risks as well as the cost of any risk reduction measures recommended.

Evaluate the cost and impact of any number of ‘what if scenarios’ on an organisation’s global risk profile as part of a risk management process

Implement an organisation wide, risk assessment standard, ensuring that risk information from different parts of an organisation can be properly compared.

Evaluate risk interdependencies, ensuring that a particular risk mitigation strategy will not have adverse ramifications on the organisation’s risk profile.

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At the core of the risk management process is an assessment of the nature of each threat; the likelihood that it will occur, and the impact on the business. To achieve this, the Risk Management Module has 3 tiers:-

Configuration
1 Defining organisational assets
2 Select & define threats from threat library
3 Define risk matrix

Reviews
1 Review each threat against each asset.
2 Assess impact and probability
3 Make recommendations with costed options

Projects
1 Create projects to reduce the risk profile using the previously defined options.
2 Implement and establish review schedules.

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Product Development Partnership

The UK Defence Academy needed a software platform that was robust and easy to use, yet flexible enough to utilise for resilience training in the public and private sectors.

Shadow-Planner’s open architecture provided the perfect platform. While Shadow-Planner’s Crisis Management Module was ideal for training contingency planning, Cranfield’s Defence Academy saw integrated risk analysis as critical to enable organisations to reduce the probability of an event occurring and to minimise the possible effects of disruptions. In response Office-Shadow and the Defence Academy jointly developed the Risk Management Module.

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Shadow-Planner is being considered as the development platform for the EU funded Oasis Project to develop a pan-European security infrastructure. To find out more please click here to read the full article.

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If you would like to contact a member of our consultancy team today please either telephone or email;

Tel: +44 (0) 1622 618 752
Email: consult@bii-compliance.com