The definition of Risk Management is,
“the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.”
To fully understand any risk that you plan to manage, you need to start with a thorough Risk Analysis. Analyzing risk is a process that involves gathering data and synthesizing information to develop an understanding of the risk of a particular enterprise. The data analyzed will include; identifying assets and threats, prioritizing the related vulnerabilities, and identifying appropriate measures and protections.
Please take a more detailed look at the Risk Management services I offer. If you have any questions, or if you would like additional information, feel free to contact me!