0 the job of deciding what possible financial risks are involved in a planned activity and how best to avoid or deal with them:
Elaine works in finance, in risk management.
He is a senior risk management strategist at the World Bank.
1 the activity of calculating and reducing risk, so that an organization does not fail or lose money:
Companies often overlook fraud in their risk management.
2 the activity of calculating and reducing risk in a set of investments, so that investors do not lose money:
We don't have the right kind of risk management expertise to manage these types of investments.
Companies are outsourcing debt collection as part of general risk management.
He is the executive director for risk management for Detroit's public schools.
If the case is a death that occurred during a medical procedure, the hospital risk management department must be contacted.
Firms must develop internal risk management systems.
Risk assessment is science. Risk management is art.
