Which step follows 'Develop controls' in the Risk Management process?

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In the Risk Management process, after you have developed controls, the logical next step is to implement those controls. This phase involves putting the planned controls into effect to manage the identified risks effectively. Implementing the controls means applying measures that have been designed to mitigate or eliminate hazards, ensuring that the risks are now managed appropriately in practice.

This step is crucial because even the best-designed controls will not contribute to risk reduction unless they are actively put into action. By implementing controls, organizations can ensure that they are taking tangible steps toward safeguarding personnel, property, and operations from potential threats.

The sequence of the steps in Risk Management typically follows a logical progression: recognizing and assessing hazards, developing strategies to control those hazards, and then implementing those strategies to ensure effective risk management. This progression underscores the importance of action after planning in any risk management framework.