General Definition

Human resources slide 3 • A situation involving exposure to

RICS definition danger.
• Expose (someone or something
(black book)
valued) to danger, harm, or loss
• Risk involves uncertainty about
A risk can be defined as the effects/implications of an
What Is Risk? an uncertain event or activity with respect to
circumstance that, if it something that humans value,
occurs, will affect the often focusing on negative,
outcome of a undesirable consequences.
programme or project. • A risk is an uncertain event
which may occur in the future.