Quesiton : What is risk management?
Answer: Risk management is the process of identifying assessing and controlling risks arising from operational factors and making decisions that balance risk costs with mission benefits.
Most relevent text from all around web: What is risk management?
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Mon Aug 01 2016 · Risk management is the process of identifying assessing and controlling threats to an organization's capital and earnings . These threats or risks could stem from a wide variety of sources including financial uncertainty legal liabilities strategic management errors accidents and natural disasters.
In the financial world risk management is the process of identification analysis and acceptance or mitigation of uncertainty in investment decisions.
Risk management is the continuing process to identify analyze evaluate and treat loss exposures and monitor risk control and financial resources to...
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