Operations & Process Risk

This is the risk that the firm or organization is impacted or suffers loss due to the inability of the organization to operate its productions, manufacturing or other business activities as normally planned or budgeted. The loss can be due to a short, medium or long term factors and may be due to a variety of technical, operational, management or other constraints/issues.

Operations & Process Risk can also be a Consequential Risk Issue as a result of Outsource Risk and Supply Chain Risk.