Risk Management.
Risk Vulnerability/Threat Assessment (Risk Analysis).
Risk Analysis is the review of an actual or potential Risk associated with a particular event or action. It's applied to projects, information technology, intellectual property, security issues, banking, lawsuits, individuals, or any action where a risk can be analyzed on a quantitative or qualitative basis. The most effective method used in identifying Risk(s), to an individual or Company, is by a "Safety and Security Audit".
Risk Management is the ongoing monitoring, identification, evaluation, prioritization and elimination of risks to minimize and control the probability or impact of a specific risk.
Risk Management Concepts used, by (WRC), incorporate an overlapping set of parameters to insure a (Client's) "Safety and Security" as well as a protection of assets.
Risk Management Program Benefits far outweigh program costs, (e.g.3 of Rick's most prominent asset recoveries resulted in millions of dollars in asset recovery for the client):
Risk Management is the ongoing monitoring, identification, evaluation, prioritization and elimination of risks to minimize and control the probability or impact of a specific risk.
Risk Management Concepts used, by (WRC), incorporate an overlapping set of parameters to insure a (Client's) "Safety and Security" as well as a protection of assets.
Risk Management Program Benefits far outweigh program costs, (e.g.3 of Rick's most prominent asset recoveries resulted in millions of dollars in asset recovery for the client):
- Exxon Company USA - $10,000,000.00.
- Atlantic Richfield Company ( ARCO Oil and Gas) - $6,700,000.00.
- WRT Energy - $5,500,000.00.