Mistakes to Avoid
Developments Regarding the Context, Risks, and Opportunities

Do not look for a single risk management tool that works at all levels

You may be tempted, when implementing a risk management approach in your organization, to choose a single method for analysis and management at the strategic, organizational, and operational levels.

Such a tool likely does not exist, and a tool that performs well at one level often proves inadequate for addressing the others. Rather than spending your time searching for this “Swiss Army knife” of risk analysis, look for the right tool for each level!