Risk management involves identifying, assessing, and mitigating potential risks to achieve organizational objectives.
Here are some key steps in the risk management process:
- Risk Identification:
- Identify risks relevant to your organization, projects, or processes.
- Consider internal and external factors that could impact your goals.
- Risk Assessment:
- Evaluate the likelihood and impact of each identified risk.
- Prioritize risks based on severity and potential consequences.
- Risk Mitigation:
- Develop strategies to reduce or eliminate risks.
- Implement controls, preventive measures, or contingency plans.
- Monitoring and Review:
- Continuously monitor risks and their effectiveness.
- Adjust risk management strategies as needed.
Remember that risk management is an ongoing process, and effective communication and collaboration among stakeholders are essential!
Applications can be made to:
email: [email protected];
Contact: Danica Arsenovska, mobile: ++389 70 274 753