Effective communication of risks to management or board members is crucial for informed decision-making within organizations. One commonly used model for this purpose is the 5x5 matrix, which assesses risk based on likelihood and impact. While thi
Effective communication of risks to management or board members is crucial for informed decision-making within organizations. One commonly used model for this purpose is the 5x5 matrix, which assesses risk based on likelihood and impact. While thi