Winterling Crisis Matrix

The video tutorial explains the crisis matrix, a tool for analyzing risk based on two metrics: probability of occurrence and severity of impact. Risks are categorized as low, medium, or high based on these metrics. High impact risks require more attention, and increased probability adds weight to the issue. The matrix helps identify and analyze risks effectively.

What is the purpose of the crisis matrix?

What are the two metrics used to analyze risk in the matrix?

How is the probability of occurrence categorized in the risk analysis?

What factors determine the severity of impact in risk analysis?

Why is it important to note risks with a higher degree of impact?