risk management

Hazard mitigation practice

Risk management is the process of identifying, assessing, and controlling threats to an organization or project.

These threats might be financial, legal, technological, or operational.

The goal is to minimize potential losses while accepting that some risk is unavoidable: Good risk management doesn't eliminate uncertainty—it prepares you for it.

The term appears across fields from finance to healthcare to software development.

Opposites
proactive vs reactive approach

risk managementcrisis management

Handling urgent threatening situations

damage control · firefighting · disaster response · crisis response · emergency response

calculated caution vs recklessness

risk managementrecklessness

Careless disregard for danger

reckless abandon · gambling · speculation · throwing caution to the wind · carelessness

control vs chaos

risk managementchaos

Complete disorder and confusion

disorder · disorganization · mismanagement · anarchy · mayhem

Family

risk, manage, risky, manager, management, risked, managed, managing, risks

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G