Risk Analysis

Concept of Risk Analysis: In management, the risk analyses corresponds to the permanent revision of all risks associated to the business of a company or…

Concept of Risk Analysis

In management, the risk analyses corresponds to the permanent revision of all risks associated to the business of a company or organization, involving the uncertainty analyses deriving from factors such as development of new products, the entrance in new markets, the implementation of investment projects, among many others. In the fulfillment of any project, for example, the first risk analysis is performed immediately in the preliminary stage of it, being, in the concept stage of the project itself. Immediately in that stage are identified and described the main potential risks, following the identification of its causes and its potential consequences. All of this information will then allow the planning of actions and prevention and corrective measures of the eventual detected flaws.

The risk analyses concept can assume definitions substantially different according to the context in which is being applied. For example, risk analyses concept associated with credit concession by a bank or the risk analysis of an investment in certain exchange deed is significantly different from the one presented.

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