Risk management is a structured approach to managing uncertainty related to a threat.
Steps in the risk management process
1. Establishing the Context2. Identification
3. Assessment
4. Potential Risk Treatment
5. Create Risk Management Plan
6. Implementation
7. Review and Evaluation of a Plan
Example of Risk Management:
Problem: How to Mend a Broken Heart
|     Risk  |        How to solve or mitigate  |   
|     1.         Car accident  |        Don’t drunk to much  |   
|     2.         Cannot concentrate  |        Relax your self  |   
|     3.         Always late  |        Sleep early  |   
|     4.         Your Pocket become bankrupt  |        Don’t be stupid, think twice  |   
|     5.         You will become sick  |        Eat regularly  |   
This is my example don't rely on my example just look for other example....:-)




