risk: exposure to danger, harm, or loss effect of uncertainty on the objective risk management: ...

Risk:Exposure to danger, harm, or lossEffect of uncertainty on the objective

Risk Management:Identify, assess, and prioritize your riskMitigate risk by elimination/reduction through practice, policy or processMonitor riskControl the probability of an event

Training:Enlist help from within your organization (RM)Seek subject matter experts, internal/external Reading material:A lot of information, self help books

• Darker Shades of Blue, Predictable Surprises, Outliers, Checklist Manifesto, Why We Make Mistakes

ISO 31000:Principles and guidelines RM (terminology)

Seek input from entire staff to identify risk

Our staff and administration identified 30 topics

Topics brought to light may surprise you

Team 1 Team 2Courtroom Presentation/p Courtroom Presentation/pDry Lab Sexual HarassmentSafety SecurityLoss of Evidence Sample MisidentificationLoss of Case Doc. Breach of ConfidentialitySuccession Planning Managing Interns

Team 3 Team 4Sexual Harassment BiasBias TheftValid Science Case Prioritization Report Reviews/p Timesheet falsification/pCapital Asset Mgmt./p Financial Monitoring/pOver Stressed Employees Sustainability Compl.

Team 5 Dry LabConflicts of InterestUnsafe DrivingAccounts Receivable (lab fee fund)/pSocial Media (inappropriate usage)

Failure Mode Effects Analysis Quantitative means to measure risk (low/high)

The seriousness of their consequences (Scale 1-10)

How frequently they occur (Scale 1-10)

How easily they can be detected (Scale 10 -1)

Total Risk (RPN) is the product of S x F x D

Risk prioritization starts with evaluation of the Total RPN’s

Generally, the risk with the highest total RPN will be assigned the highest priority to address

This will not always be the case though

Example: 2 Risk TopicsSocial mediaSafety at crime scene

(S x F x D = RPN)5 x 5 x 2 = 50 10* x 4 x 1 = 40Severity (10) results in serious injury, death, or loss of accreditation (you may want to start here)

Rank

Risk Mode RPN

1 Case prioritization Subsequent criminal act – prop. crime

640

2 Lab security Visitor log – not filled out completely

640

3 Bias Grooming for advancement 576

4 T.S. falsification Working hrs. not listed or otherwise

512

5 Bias Certain evidence not collected, C.S.

500

6 Bias Working case for our own agency, OIS

500

7 Accounts receivable

Lab fee fund; receipts and expenses

448

8 Bias Testifying for the prosecution 448

9 Capital asset mgmt.

Tracking phys. location of equipment

441

10 Conflict of interest

Insufficient analysis 392

Rank Risk Ave. RNP

1 Accounts receivable (lab fee fund) 448

2 Bias 238

3 Timesheet falsification 206

4 Case prioritization (case lost in backlog)

181

5 Capital asset management 180

6 Hostile work environment 174

7 Security 160

8 Conflict of interest 153

9 Social Media 129

10 Valid Science 111

Avoid: Withdraw from that activity

Share: Outsource (external insurance)

Retain: Accept and budget for it (self insurance)

Reduce: Control or moderate risk (solve problems or improve process)

Identify causes of known/potential risk

Brainstorm potential solutions

Identify strategic risk measures on actions (metrics)

Implement solutions/actions

Check results at least annually and adjust