Risk Assessment AFFORDABLE SOLUTION USING E XCEL AND P OWER BI
Say thank you to our Sponsors :
Stick around for RAFFLE and the AFTER EVENT! All our volunteers and organisers do not get paid for organizing this event – If you see them, please: Give them a hug Shake their hand Say thank you Spread the word Get involved yourself Don’t forget to thank the sponsors for their support Thank the speakers for donating their time, energy and expenses
Agenda Who am I Why this topic Risk assessment Demo Pros and cons
Who am I Ásgeir Gunnarsson BI architect / developer for Össur Consultant for Capacent In BI since
Why this topic Enterprise risk management in Capacent Custom made software Disconnected Excel Affordable solution in commonly used software Strategy Methodology Organization Risk factors Planning Risk assessment Training Controls Reporting Change management Disclamer: Some of the methods and application belongs to Capacent
Risk assessment Different methodologies – 4 step, 5 step, ISO … Common theme Identify – register – react – report Risk is a function of the values of threat, consequence, and vulnerability. The objective of risk management is to create a level of protection that mitigates vulnerabilities to threats and the potential consequences, thereby reducing risk to an acceptable level. ISC 2010
Risk assessment Risk factors – Assets Risk Assessment – Impact and Likelihood Actions on biggest risks Report
“Size” of risk – Impact * Likelihood Quality of Control Risk assessment
Demo
Sharing the Excel workbook Fileshare / SharePoint Possible version control PowerBI PowerUpdate (powerpivotpro.com)
Pros and cons Pros No software cost besides excel Not very complicated code Some traceability
Pros and cons Cons - weaknesses All in one document – single point of failure Some hardcoded stuff like segments Sensitive to changes in the data model Power Query vs. PowerPivot Not full traceability – Version control
@bidgeir Questions