Risk Management
Risk Management. The methodology of Analyzing, Identifying, Neutralizing, and Removing Risks, Threats, or Vulnerabilities to an Individual, Business, or Assets.
The Risk Analysis & Assessment’s “Final Phase” includes: Designing a program to eliminate identified Risks, Threats, or Vulnerabilities and implementing a maintenance program to prevent future occurrences.
Benefits of a successful Risk Management Program, certainly outweigh the program costs, example:
The Risk Analysis & Assessment’s “Final Phase” includes: Designing a program to eliminate identified Risks, Threats, or Vulnerabilities and implementing a maintenance program to prevent future occurrences.
Benefits of a successful Risk Management Program, certainly outweigh the program costs, example:
- Exxon Company, USA - $20 Million
- Total Minatone - $17.5 Million
- Atlantic Richfield Company ( ARCO Oil and Gas) - $6,75 Million
- WRT Energy - $5.5 Million
- Mrs. Jimmy Miller Smith; Oklahoma, Equestrian - $11 Million.
- Louisiana Thoroughbred Association - $5 Million
- Arnold Reproduction Services; Texas, Equestrian, $400,000, - Civil Restitution and Criminal Charges.