Risk management - a set of processes aimed at reducing the likelihood of the occurrence and impact of adverse events and increasing the likelihood of the occurrence and impact of favorable events.
Risk management consists of 6 processes:
1. Planning risk management
2. Risk identification
3. Qualitative analysis
4. Quantitative analysis
5. Planning risk mitigation
In different techniques, approaches to risk management, reference materials, these processes can be combined and called a little differently. But if we analyze in detail what happens when risk management can be identified exactly 6 key processes. App Risk Scout (Risk Analysis) covers and permeates all these processes.