Category: Risk Assessment

Risk Management Principles Simple & Precise ExplanationRisk management as understood by its name is process of managing therisks, that involves first identify, assess and prioritize the risks and thenimplement the coordinated measures and/or resources to eliminate,minimize and monitor the probability and impact of the unwantedevents or situations.Risk management is the identification, evaluation, and prioritization ofrisks… Continue reading Risk Management Principles Simple & Precise Explanation