Article | REF: SE2030 V1

Heat map Risk. Methodology and improvements

Author: Nicolas DUFOUR

Publication date: December 10, 2023

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4. The benefits and limitations of risk mapping

As with any methodological system, risk mapping has its limitations, which are detailed in this section, along with suggested principles for updating and maintaining the map in the face of these limitations.

4.1 The ten main limitations of risk mapping and how to overcome them

  1. The first limitation is inherent in any work based on human judgment. It concerns the biases involved in gathering information on risks. These cognitive biases are inherent to all risk mapping work. They can be anchoring biases: the people asked to analyze risks see risks more from their own position and point of view, and even when questioned about the organization's more global risks, they will sometimes naturally revert to their points of reference. For example, a...

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