Risk Management in an Organization

Abstract :

The risk management process is in a constant development, as organizations have to always be prepared for the unexpected and aware of the stages in the risk management process, since a successful practice contributes to meeting the objectives.?The paper herein aims to highlight the steps in the risk management process within an organization. This is the reason why it is imperative to examine the main risks identified in an organization, while considering the probability of occurrence and their impact upon the company objectives.