Difference between revisions of "Root Cause Analysis"

From Open Risk Manual
 
Line 12: Line 12:
 
* [[Risk Factor]]
 
* [[Risk Factor]]
  
[[Category:Risk Management]]
+
[[Category:Risk Analysis]]

Latest revision as of 16:58, 11 November 2021

Definition

Root Cause Analysis (RCA) in Risk Management is a Risk Analysis method used for identifying the underlying (root) causes of risk events. The methodology is used across many domains.

RCA Steps

  • Identify and describe negative outcomes
  • Establish a sequence leading from a prior state to the negative outcome
  • Distinguish between root causes and other causal factors
  • Establish a causal graph between the root cause and the problem

See Also