Risk Management

Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.

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Azhar Khuwaja

Nov 3, 2017

What is the best approach while dealing with a risk? Should we accept it, reject it, transfer it, mitigate it, avoid it, or look for some other solution? Thanks

Ed Sattar

Nov 3, 2017

Asset intensive, high risk, heavily regulated industries are undergoing a sea of changing regulations. They face an environment marked by growing consolidation, rising customer expectations, increasing regulatory requirements, proliferating financial engineering, uprising technological innovation and mounting competition. This has increased the probability of failure or mistakes from the operations point of view – resulting in an increased focus on managing operational risks. So, the main question becomes: How to Efficiently Manage Operational Risk?

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Risk Management

Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.

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