Page 5 - Risk Management
P. 5
Risk
Management
Process
Risk management is defined as the
process that is adopted to plan for
the possibility that events may cause
harm to an organization, focusing
specifically on risk associated with
board members and volunteers, staff,
programs and events, services
offered, operations, technology and
financial management. The Risk
Management Process is the
systematic application of
management policies, procedures
and practices to the tasks of
communicating, establishing the
context, identifying, analyzing,
evaluating, treating, monitoring and
reviewing risks.
