Respuesta :
Risk Management is referred to as discussing the way potential risks are analyzed and thereby decisions are made to address the risk.
What is Risk Management?
- In order to reduce, monitor, and control the likelihood or impact of unfortunate events or to maximize the realization of opportunities, risk management involves the identification, evaluation, and prioritization of risks. Risk management is followed by the coordinated and efficient application of resources.
- Risk management can originate from a variety of things, such as unpredictability in global markets, threats from failed projects, legal liabilities, credit risk, accidents, natural disasters, and enemy-initiated attacks, as well as occurrences with unclear or unpredictable origins.
- Two categories of events exist. Negative events, then, can be categorized as dangers, whereas favorable ones, then, can be categorized as chances.
- Several organizations, including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards, have created risk management standards.
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