Changes

== Risk management ==

== Risk management ==

''See also:'' [[Risk management]]

''See also:'' [[Risk management]] and [[Optimism bias]]

[[Risk management]] is "the continuing process to identify, analyze, evaluate, and treat loss exposures and monitor risk control and financial resources to mitigate the adverse effects of loss."<ref>[https://www.marquette.edu/riskunit/riskmanagement/whatis.shtml#:~:text=Risk%20management%20is%20the%20continuing,of%20claims%20and%20liability%20judgments WHAT IS RISK MANAGEMENT?], Marquette University</ref> It is an organized method of identifying and measuring [[risk]] and developing, selecting, and managing options for handling these risks.

[[Risk management]] is "the continuing process to identify, analyze, evaluate, and treat loss exposures and monitor risk control and financial resources to mitigate the adverse effects of loss."<ref>[https://www.marquette.edu/riskunit/riskmanagement/whatis.shtml#:~:text=Risk%20management%20is%20the%20continuing,of%20claims%20and%20liability%20judgments WHAT IS RISK MANAGEMENT?], Marquette University</ref> It is an organized method of identifying and measuring [[risk]] and developing, selecting, and managing options for handling these risks.