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Application Checklist for Risk Management Education RFA 1  Form

Application Checklist for Risk Management Education RFA 1 Form

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the risk management process has four steps first we identify what our risks are what can go wrong and then we assess those risks to understand the likelihood that that thing will go wrong and if it does what the impact will be then we put together a plan for how we will manage that risk and once we've got a plan we put the plan into action and take steps to either reduce the intensity of the risk or its likelihood or to handle it in some other way once we've taken action we cycle back re-evaluate the risk put together a new plan and take more action until the risk poses no remaining threat

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