Life is characterized by its instability.Not for nothing is that instead of dark bands come light.Nothing stands still.What is the risk?This kind of condition or event that in the event can have a negative or positive effect.
basic concept of risk and its variants
There are other definitions.This is the likelihood that an uncertain event may occur.It turns out that the risk - the value measurable.There are varieties of business directly related to the management of different types of threats.From their effectiveness depends on the size of revenues.This investment and insurance companies.
important to understand what the risk to deal with it.There are two kinds of it:
- The former include threats, representing a negative impact.
- The second - perhaps regarded as a positive influence on this or that event.
sequence of necessary actions
Risk management is the number of procedures and rules that apply to planning theory.Then they were identified, then analyzed make monitoring.For a clear understanding of what the risk, you must first identify its source and then determine the sequence of actions.Do not forget about secondary hazards.They are also important to identify and analyze.
In the process control necessary to perform the following tasks:
- develop a management plan.This is a document that describes the general concept, the classification of risks, different methods for their identification and response options.It is important to identify all the threats, determine the extent of their influence on the project, to issue a written description of each.Monitoring and control allows a better understanding of what the risk and the nature of its origin.
- should provide a quality analysis - to place all risks in the degree of priority for analyzing and processing, evaluating and summarizing the probability of their occurrence and impact.
- Make quantitative analysis - is a numerical calculation of the effect of all possible threats.
- prepare a plan to respond to likely threats - develop a list of actions to reduce them.
Lenders are also at risk
risk - almost an integral part of any business.This also applies to banks.However, financial and credit institutions prefer to avoid different threats or reduce them to the minimum values.Contrary to the opinion of many, the risk of the bank and the level of those benefits that are not expected to relate any unique relationship.
There are 4 methods to respond to potential threats:
- evasion.
- transmission.
- Reduction.
- adoption.
evasion - a change management plan to remove the threat, protect the project from possible consequences.A lot of trouble can be avoided at an early stage of the project, additional data, as well as after the examination will take place.
Transfer risk - the negative effects of shifting to another (third) party, which is issued for this award.
Risk reduction - a reduction of impact and / or likelihood of a specific event to certain limits.Special measures, prevention, are often more effective than eliminating bad effects.
adoption of risk occurs when a team deliberately does not change its management plan and does not find a suitable strategy to respond.
Remember to warn the risk is easier than correcting its effects.This applies to any activity!
