[Answer] What is risk management?

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? What Is Risk Management? | ClearRisk™ What are the five steps in risk management process? What are the five steps in risk management process? - ENGINEERING M… Financial Risk Types Financial Risk Types | Sapling.com The role of the Risk Manager Roles and Responsibilities | Risk Management | Marquette University 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 mitigate the adverse effects of loss. Loss may result from the following: financial risks...