Describe a risk
Connect possible harm or loss to the events, conditions, or changes that could lead to it and what could follow.
Assess a control
Assess a control’s design and effectiveness in relation to its effects, objective, and the possible harm or loss it is intended to prevent or limit.
Explain risk appetite
Relate an activity to possible harm or loss and state the willingness to face that possibility in particular circumstances.
Risk governance
Set out the responsibility, authority, accountability, and duty attached to a role or body.
Plain Risk, developed by Dr Julien Maréchal. © 2026 The Governance Practice.
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