The Risk Management Process - ENGINEERING MANAGEMENT

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The Risk Management Process PDF What is the Risk Management process?   The Risk Management Process consists of a series of steps tha...

The Risk Management Process

what are the Risk Management Process pdf
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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