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