Risk Management
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Risk Management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events. Risks can come from uncertainty in project failures, accidents, natural causes and disasters as well as deliberate attacks from an adversary.
The strategies to manage risk include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk.
At Surety Consultants International we follow to proven and accepted ISO 31000 and through experience, have learnt to apply this to all of our projects.
Surety Consultants International
Integrity, Intelligence, Inclusiveness
