This fivestep Risk Management Process Template serves as a blueprint for the actions that must be taken. To manage risk, five basic steps are taken; these steps are referred to as the risk management process. It starts with identifying risks, analyzing them, prioritizing them, implementing a solution, and finally monitoring them. Each step in a manual system requires extensive documentation and administration. The first step in risk management is to identify the company's risks in its operating environment. To get started with the fivestep Risk Management Process Template, you can use EdrawMax to create this template online.