risksthat

Risksthat is a term used in risk management discussions to denote the subset of risks that are deemed most significant for a given objective or project. The idea behind risksthat is to concentrate attention and resources on the risks most likely to occur and that would have meaningful consequences, rather than treating all risks with equal weight.

Risksthat is not a widely standardized term; it appears mainly in informal or practitioner conversations. When used, it refers to the high-priority risks identified through standard assessment processes, including qualitative judgments and quantitative models, and then tracked separately from lower-priority risks.

To determine risksthat, organizations typically build a risk register, solicit input from stakeholders, review historical incidents, and run scenario analyses. Risks are scored on probability and impact, and sometimes on detectability or controllability. A risk matrix or heat map helps classify risksthat as high, medium, or low, with top risks receiving focused mitigation.

Managing risksthat involves targeted controls, ongoing monitoring, contingency plans, and governance oversight. The approach aligns with an organization's risk appetite and tolerance, and it informs resource allocation and decision-making.

Because the concept relies on judgments and available data, risksthat can be sensitive to bias and change over time as conditions evolve. Regular review and updates are recommended to keep the prioritization relevant.

See also risk management, risk assessment, risk register, risk prioritization.