The goal of the Risk is to consider the risks (exposure to the chance of loss) and by identifying the risks and reduce the impact those events would have on our success.
We have identified 4 main steps in this process:
•· Identify risks
•· Lower the probability or prevent occurrence of risk.
•· Reduce the impacts by being proactive and identifying courses of action if the risk occurs
•· Learn from the risks that do happen
A one page document about capturing and managing risks has been created for your reference.