The concept of Risk Velocity has been quietly creeping into risk management lingo the recent past. As one of the newest and least understood aspects of risk management, Risk Velocity is often incorporated informally into the traditional assessment parameters of likelihood and consequence.
This technical lunch asks whether Risk Velocity should be considered in its own right or whether it can be sufficiently factored into the traditional two dimensions of likelihood and consequence.
Protecht is an international company founded by some of the most accomplished risk professionals in the industry. Since 1999, we have delivered training, advisory and software solutions that intensify the Risk Management focus and discipline of government departments, corporations around the world.