Sunday, October 12, 2008

Risk Management

Risk Management

Risk management is a structured approach to managing uncertainty related to a threat.

Steps in the risk management process

1. Establishing the Context
2. 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....:-)

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