Learn the Tips of Risk Management from Deepak Kharbanda

In each organization, there are several factors that can impact the capital and the revenues. Some of these factors might affect the functioning of the company negatively. These factors are known as risk factors. Here the risk management works as it can pre-identify the threats, which can negatively affect the organizational operations of the organization and its capitals and earnings.

 

Dealing with these factors requires a person who can identify, assess, and control these threats. Deepak Kharbanda ofMission Viejo is one such personality who holds a long experience in risk management. Let’s learn some tips from his experience.

 

Deepak Kharbanda is a professional scrum master residing in California. He has completed his Bachelors in Computer Science & Engineering at the University of Mysore, National Institute of Engineering. He has earned his M.Sc. in Computer Science from the University of Colorado Boulder. Currently, he is working in the CISCO as a Leader in Software Engineering. He holds extensive experience in technical project management.


Deepak Kharbanda

Mr. Kharbanda knows about the ways of identifying business risks that can negatively impact the capital and revenue of an organization. There are several risks a company can face, for instance, economic risk, compliance risk, financial risk, reputation risk, operational risk, and competition risk. Deepak knows how to handle them effectively.

 

He follows the most authorized process of risk management, including the identification, analysis, ranking, treating, and monitoring of the organizational risks. In this process, first of all, the manager identifies the risks and their types. Once identified, he analyzes them, and finds out their current and future impact on the business operations.

 

After that, he ranks the risks according to the possible impacts and then treats them to minimize their negative impact. He takes all the essential steps that can reduce the risk. Afterward, he continuously monitors and reviews the risks if they are still negatively impacting business functions or not.

 

Risk management helps an organization to work efficiently. The managers can improve risk management by asking questions, creating the right culture, clarifying responsibilities and rules, using a suitable reward system, and focusing on the business objectives.

 

Deepak Kharbanda of Mission Viejo holds extensive experience in the field of technology. This experience has made him an expert in the field of technical project management and software development operations. He always follows the learning approach that helps him to reach greater heights in his field.


Read More Here About Journey of Deepak Kharbanda.

 

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