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What is Risk and the Risk Equation?

What is Risk and the Risk Equation?

In this article I want to share with you some brief (and I really do mean brief) details on what is risk and the risk equation.

Let’s keep it simple.

Why is ISO 31000 a good choice for risk management?

Why is ISO 31000 a good choice for risk management?

Making an important subject like risk management unintelligible is not helpful nor effective in getting the desired end results (i.e., to effectively manage risks).

To achieve simplification, I dug into my experiences and dovetailed around the ISO 31000 guidelines.

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