The Risk Management Process PDF |
What is the Risk Management process?
The Risk Management Process consists of a series of steps that, when undertaken in sequence, enable continual improvement in decision-making.
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Steps of the Risk Management Process?
- Step 1. Communicate and consult.
- Step 2. Establish the context.
- Step 3. Identify the risks.
- Step 4. Analyze the risks.
- Step 5. Evaluate the risks.
- Step 6. Treat the risks.
- Step 7. Monitor and review.
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