Risk Management Process

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1. Risk Management Process is ....

(Source: Business Continuity Management Institute - BCM Institute)

2. Systematic application of management policies, procedures and practices to the activities of communicating, consulting, establishing the context, and identifying, analyzing, evaluating, treating, monitoring (2.28) and reviewing risk (2.1)

[ISO Guide 73:2009, definition 3.1]

(Source: ISO 31000:2009 – Risk Management — Principles and Guidelines) - clause 2.8