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Online Risk Management Bachelor Degrees

What is risk management?

Risk management is the prioritizing of risks through identifying and assessing them and their potential affect on a company or organization. The role of this position is to allocate resources to minimize, control and monitor the affects of an impending risk.

Risks can be classified as positive or negative, but come from uncertainty. Common events or areas for risk include:

  • New projects
  • Financial markets
  • Credit
  • Legal liabilities
  • Accidents
  • Production
  • Joint ventures
  • Natural disasters

What is risk management?

Risk management is the prioritizing of risks through identifying and assessing them and their potential affect on a company or organization. The role of this position is to allocate resources to minimize, control and monitor the affects of an impending risk.

Risks can be classified as positive or negative, but come from uncertainty. Common events or areas for risk include:

  • New projects
  • Financial markets
  • Credit
  • Legal liabilities
  • Accidents
  • Production
  • Joint ventures
  • Natural disasters