What is threat, likelihood, and impact? The video explains risk management: threats, likelihood, and impact. It illustrates these concepts using a golf course analogy. By understanding these principles, organizations can proactively identify risks and safeguard their operations and assets.
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Chapters
00:00 Introduction
00:18 Definition of a Threat
00:32 Examples of a Threat
01:07 Significance of a Threat
01:17 Understanding Likelihood
01:27 Factors Influencing Likelihood
01:37 Example of Likelihood
02:02 Importance of Assessing Likelihood
02:12 Meaning of Impact
02:24 Categories of Impact
02:34 Examples of Impact
04:14 Thank You for Watching