Risk - Wikipedia Risk is the possibility of something bad happening, [1] comprising a level of uncertainty about the effects and implications of an activity, particularly negative and undesirable consequences [2][3]
What is a Risk? 10 definitions from different industries and standards Definitions of risk range from narrow definitions - risks to people or machinery resulting from hazards - to wide definitions that see risk as any uncertainty of outcome The diagram at the top of this article shows how risk can be defined in narrow, medium, and broad ways
What Is Risk Management Why Is It Important? | HBS Online Risk management is the systematic process of identifying, assessing, and mitigating threats or uncertainties that can affect your organization It involves analyzing risks’ likelihood and impact, developing strategies to minimize harm, and monitoring measures’ effectiveness
What is risk? | U. S. Geological Survey - USGS. gov Hazard: A hazard can be defined as a dangerous process, phenomenon, substance, activity or condition that may cause loss of life, injury or other health impacts, property damage, loss of livelihoods and services, social and economic disruption, or environmental damage
RISK | definition in the Cambridge English Dictionary The impurity of the water is a serious health risk It was an awful risk to take Are you prepared to put your children at risk? The benefits of this treatment far outweigh any risks There are too many risks attendant on such a large investment of money
RISK Definition Meaning | Dictionary. com Risk definition: exposure to the chance of injury or loss; a hazard or dangerous chance See examples of RISK used in a sentence
Types of Risk: Understanding Risk Categories and Their Implications There are numerous risk categories that individuals and businesses should be aware of, including financial risk, operational risk, market risk, and more Risk management involves identifying, assessing, and implementing strategies to mitigate the impact of potential risks