Risk Analysis and Management is the systematic process of identifying, assessing, and prioritizing risks, followed by the coordinated application of resources to minimize, monitor, and control the probability or impact of unforeseen events. It integrates quantitative and qualitative methods to inform decision-making and enhance organizational resilience.
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Risk Analysis and Management is the systematic process of identifying, assessing, and prioritizing risks, followed by the coordinated application of resources to minimize, monitor, and control the probability or impact of unforeseen events. It integrates quantitative and qualitative methods to inform decision-making and enhance organizational resilience.