What are effective strategies for conducting regular risk assessments in FM?

1 Define the scope and objectives

Before starting a risk assessment, you need to define the scope and objectives of the process. This means clarifying what facilities, assets, activities, and stakeholders are involved, what risks are relevant and significant, and what outcomes are expected. Defining the scope and objectives will help you focus your efforts, allocate your resources, and communicate your expectations to your team and other parties.

2 Use a systematic and consistent method

To conduct a reliable and comprehensive risk assessment, you need to use a systematic and consistent method that follows the best practices and standards of FM. This means following the steps of identifying, analyzing, evaluating, and treating risks, using appropriate tools and techniques, such as checklists, matrices, scales, and software. Using a systematic and consistent method will help you ensure the quality, accuracy, and comparability of your risk assessment results.

4 Review and update regularly

Risk assessment is not a one-time event. You need to review and update your risk assessment regularly, or whenever there are changes in your facilities, operations, or external factors. This means monitoring your risk environment, performance, and controls, as well as evaluating the effectiveness and efficiency of your risk management strategies. Reviewing and updating your risk assessment regularly will help you adapt to changing conditions, identify new or emerging risks, and improve your risk management performance.