How to Write a Risk Analysis Report

Save

A risk analysis report is created for presentation to either a supervisor or board regarding proposed business ventures. Risk reports are an employee's best means of persuading her superiors to consider a proposed idea due to its overall benefit for the company. When writing a risk analysis report, it is vital to be clear, concise and complete to both inform and persuade those reviewing your findings.

  • Discuss all of the possible outcomes from the project. Include both positive and negative outcomes. Remember that for every decision there are always legal, business, and financial outcomes.

  • Project what the overall project will look like over the next five years. Visualize when certain tasks or markers will occur. Try to come up with tangible markers that superiors can anticipate as the project moves forward.

  • Outline an order for the report. Consider, for example, writing the report in an order such as overview, start-up costs, projected time frame, benefits, risks, final conclusions and projections.

  • Draft the report, being as complete as possible. List specifics whenever possible, citing dollar amounts, time spent and resources required.

  • Avoid overselling the project. Honesty and a straightforward analysis are much more appropriate when asking a company to take substantial risks with its assets.

  • Ask at least three co-workers to review the report and bring up any holes in your logic. Make note of these problems and correct them before the deadline for the presentation.

References

  • "Introduction to Risk Analysis: A Systematic Approach to Science-Based Decision Making"; Daniel M. Byrd III and C. Richard Cothern; 2000.
  • Photo Credit Comstock/Comstock/Getty Images
Promoted By Zergnet

Comments

You May Also Like

  • How to Do a Risk Assessment

    Performing a risk assessment is one of the most important steps in the risk management process. It is a method of identifying...

  • How to Write a Risk Management Plan

    Quality analysts in any industry are task with the weighty job of risk assessment. It can mean the difference in significant cost...

  • How to Write a Short Report

    Short reports are most often used by newspapers and other periodicals to share research or information about a currently trending topic or...

  • How to Write a Planning Report

    A new project approaches. It is now up to you to tell all involved how it will unfold in the form of...

  • How to Prepare an Audit Plan

    An audit plan explains the expected scope and functioning of the procedure under which financial books of a company are minutely inspected...

  • How to Write a Risk Analysis for a Proposal

    Nothing is certain in this world. When writing business proposals, your partners may overlook and not mention, intentionally or unintentionally, some of...

  • Water Testing EPA Methods for Heavy Metals

    Heavy metals are pollutants that can enter the drinking water system when they seep through soils into groundwater. Arsenic, cadmium and lead...

Related Searches

Check It Out

Are You Really Getting A Deal From Discount Stores?

M
Is DIY in your DNA? Become part of our maker community.
Submit Your Work!