Service Audits

Risk is associated with virtually every thing one can think of; however at D & K Management Consultants we relate risk directly to financial losses. Identifying the probability that losses have occurred or will occur and in what form, is the secret to successful Risk Analysis.

Over the years D & K Management Consultants have developed and perfected the signs of Risk Analysis and Surveys this is through the orderly and rational approach to problem identification and probability determination. This is also the method our teams use for estimating the anticipated or expected loss from the occurrence of some adverse event.

The basic principles that our teams employ are as follows

  • Identify the assets in need of being protected.
  • Identify the kinds of risks that may effect the assets involved e.g., internal theft, external theft, fire or sabotage.
  • Determine the probability of risk occurrence.
  • Determine the impart of effect in Rand or Dollar Values if possible, if a given loss does occur.
  • Provide both practical and cost effective solutions to safe guard against these risks.

What can Risk Analysis do for Management?

Risk Analysis provides management with information on which to base decisions. The eventual goal of risk analysis is to strike an economic balance between the impact of risk on the enterprise and the cost of protective measures.

Benefits will include

  • The analysis will show the current security posture (profile) of the organization.
  • It will highlight areas where greater (or lesser) security is needed.
  • It will help to assemble some of the facts needed for the development and justification of cost effective counter measures.
  • It will serve to increase security measures by accessing the strengths and weaknesses of security to all organizational levels from management to operations.
 
 
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