Risk Management involves forecasting and evaluating financial risks together with the identification of procedures to avoid or minimize their impact.

Risk management involves predicting and evaluating financial risks to lessen their potential impact.

What does risk management involve? Risk management means finding, assessing, and mitigating threats to an organization’s finances and operations.

What is risk management in forecasting? Risk management in forecasting identifies and plans for risks that could impact future projections.

Is the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact? Yes, this is known as risk management.

RSA Archer, LogicManager, MetricStream

Risk management involves forecasting and evaluating risks to minimize their potential impact.

Risk management involves creating plans to reduce the impact of possible financial risks.