Risk Management > Collections


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In advance of risk management, identify the assets of all of the collections (not only the moveable collections) by conducting a detailed assessment of the interior spaces, elements, and systems — relating them to other collections.

Calculate both the tangible assets (here, the objects) and the intangible assets that require management.

As part of the assessments, develop a database that allows for the identification of actual or potential risks (and underlying causes of existing conditions) posed to each collection, object, system, element, and space.

Prioritize work based on a system that calculates the value of asset, risks posed to that asset, and likely frequency and magnitude of risk, and possible means to eliminate or reduce exposure to the risk(s), response to risk, and mitigating treatments.



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