Risk Management
Risk management is the process of assessing risks and taking steps to either eliminate or to reduce them by introducing controlling measures.
Risk Process
- Develop a risk management team
- Identify assets
- Identify threats
- Perform risk analysis
- Perform risk mitigation
- Monitor
Risk Self Assessment
A process for regular identification, assessment and response to internal and external risks to business objectives that ensures to effectively manage those risks.
Risk Mitigation Methods
- Avoid Risk
- Reduce Risk
- Accept Risk
- Transfer Risk