Risk management is the identification, assessment, and prioritization of risks.
MitoPedia concepts: MitoFit Quality Control System
Risk management is the identification, assessment, and prioritization of risks (defined in ISO 31000  as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risk management’s objective is to assure uncertainty does not deflect business goals.
Author: Weber Benno 17:38, 10 February 2016 (CET)