Difference between revisions of "Risk Analysis"
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{{Term|RISK ANALYSIS|A detailed examination including risk assessment, risk evaluation, and risk management undertaken to understand the nature of unwanted negative consequences to individuals, entities, regions or activities.<ref>[http://www.sra.org/ Society for Risk Analysis: 2010.]</ref> | {{Term|RISK ANALYSIS|A detailed examination including risk assessment, risk evaluation, and risk management undertaken to understand the nature of unwanted negative consequences to individuals, entities, regions or activities.<ref>[http://www.sra.org/ Society for Risk Analysis: 2010.]</ref> | ||
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From a programmatic perspective, risk analysis relates to the careful study and assessment of a broad range of factors that are likely to affect the performance of a programme or project and its ability to achieve results. Risk analysis provides programme or project managers with pertinent information which they can use to mitigate the effects of identified risk.<ref>[http://www.unfpa.org/monitoring/toolkit/tool1_glossary.pdf United Nations Fund for Population Activities (UNFPA). Programme Manager's Planning Monitoring & Evaluation Toolkit, 2004.]</ref>}} | From a programmatic perspective, risk analysis relates to the careful study and assessment of a broad range of factors that are likely to affect the performance of a programme or project and its ability to achieve results. Risk analysis provides programme or project managers with pertinent information which they can use to mitigate the effects of identified risk.<ref>[http://www.unfpa.org/monitoring/toolkit/tool1_glossary.pdf United Nations Fund for Population Activities (UNFPA). Programme Manager's Planning Monitoring & Evaluation Toolkit, 2004.]</ref>}} | ||
Revision as of 12:26, 18 July 2011
RISK ANALYSIS |
A detailed examination including risk assessment, risk evaluation, and risk management undertaken to understand the nature of unwanted negative consequences to individuals, entities, regions or activities.[1] From a programmatic perspective, risk analysis relates to the careful study and assessment of a broad range of factors that are likely to affect the performance of a programme or project and its ability to achieve results. Risk analysis provides programme or project managers with pertinent information which they can use to mitigate the effects of identified risk.[2] |