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Office of Management & Finance

Bureau of Internal Business Services

BIBS is the provider of central services for the City of Portland

1120 SW 5th Avenue, Room 1250, Portland, OR 97204

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Weighing The Value of Opportunities

City Risk LogoInsurance

Risk Management, Portland, OR


 

Risk Assessment Roadmap Toolkit

Weighing the Value of Opportunities

 

Rating Value Description (Opportunity)
1 Insignificant Minor budgetary, funding, or resource gain; Little or no gain in public and/or client relations.
2 Minor Low budgetary, funding, or resource gain; Some gain in public and/or client relations.
3 Moderate Moderate budgetary, funding, or resource gain; Adequate public and/or client relations.
4 Major Major budgetary, funding, or resource gain; Good public and/or client relations.
5 Critical Huge budgetary, funding, or resource gain; Excellent public and/or client relations.

 

EXPLOITING OPPORTUNITIES

  • What opportunities will be missed if the activity is not done?
  • What is the upside and downside of these opportunities?
  • By considering the full range of potential events—rather than just risks—the risk assessment process ensures that management can identify and take advantage of positive events quickly and efficiently.

 

 

Revised:  08/10