Risk heat maps are a clear and concise image used to evaluate and articulate risk levels, taking complex information and presenting it visually. Frequently used in enterprise risk management, project management, compliance, and internal audit, risk heat maps illustrate the probability and impact of risks.
Heat maps enable organisations to prioritise risk efforts and distribute resources more effectively, enabling a resilient approach to risk management.
With risk heat maps, you can:
Facilitate in-depth discussions and decision-making.
Enable risk prioritisation based on severity.
Track and communicate risks across teams and departments.
Support strategic planning and compliance efforts.
Explore the risk do’s and don’ts and access sample populated risk heat maps in the ‘Risk Heat Map: An Updated Risk Assessment Tool’.
Discover more about how to communicate risk with heat maps.