Risk management is the process of identifying, assessing and controlling threats to an organization’s capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.
Below is the list of Risk Management Companies In South Africa
Group Risk Management Services (Pty) Ltd
Cura Risk Management Software (Pty) Ltd
ARMS Audit and Risk Management Solutions
Shackleton Risk Management
Anchor Risk Management
The Institute of Risk Management South Africa
Lockton South Africa (Pty) Ltd.
National Risk Managers (Pty) Ltd
Pasco Risk Management
What are the five steps in risk management process?
Five Steps of the Digital Risk Management Process
- What is the risk management process?
- Step 1: Identify the Risk.
- Step 2: Analyze the risk.
- Step 3: Evaluate or Rank the Risk.
- Step 4: Treat the Risk.
- Step 5: Monitor and Review the risk.
- The basics of the risk management process stay the same.
- About the company.
What are examples of risk management?
The following are hypothetical examples of risk management.
- Risk Avoidance.
- Information Technology.
- Quality of Life.
- Customer Credit Risk.
- Industry Strategy.
- Contract Risk.
- Risk Mitigation.
- Space Technology.
What does a risk management plan include?
A risk management plan is a document that a project manager prepares to foresee risks, estimate impacts, and define responses to risks. It also contains a risk assessment matrix. A risk is “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.”