Risk management
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Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events< or to maximize the realization of opportunities.
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See also
- Enterprise risk management
- Financial risk management
- Operational risk management
- Supply-chain risk management
- Project risk management
- IT risk management
- Risk assessment
- Risk analysis
- Business continuity
- Disaster risk reduction
- Catastrophe modeling for risk management
- Security management
- Stranded asset
- Optimism bias
- Pest risk analysis
- Risk appetite
- Roy's safety-first criterion
- Precautionary principle
- Representative heuristic
- Risk management tools
- Reference class forecasting
- Social risk management
- Environmental Risk Management Authority (NZ)
- International Institute of Risk & Safety Management
- Loss-control consultant
- National Safety Council (USA)
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Risk management" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
