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  • Risk Management

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    Mohamed Nour
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    Risk management involves identifying potential risks through qualitative analysis, determining the probability and potential impact of those risks, and developing responses to address risks. Risk is defined as the probability of a negative occurrence resulting from external or internal weaknesses that can potentially be prevented through action.

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    Risk management involves identifying potential risks through qualitative analysis, determining the probability and potential impact of those risks, and developing responses to address risks. Risk is defined as the probability of a negative occurrence resulting from external or internal weaknesses that can potentially be prevented through action.

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    10 views8 pages

    Risk Management

    Uploaded by

    Mohamed Nour
    Risk management involves identifying potential risks through qualitative analysis, determining the probability and potential impact of those risks, and developing responses to address risks. Risk is defined as the probability of a negative occurrence resulting from external or internal weaknesses that can potentially be prevented through action.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 8

    RISK MANAGEMENT

    DEFINITION

    • Risk is a probability or threat of damage, injury, liability, loss, or any other


    negative occurrence that is caused by external or internal weaknesses, and
    that may be avoided through preventive action.

    • Risk has 2 parameters:


    • Probability and Impact
    RISK IDENTIFICATION
    QUALITATIVE RISK ANALYSIS
    QUALITATIVE RISK ANALYSIS
    QUALITATIVE RISK ANALYSIS
    RISK RESPONSE

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