Chapter 1
Understanding Risk: Opportunities or Threat?


The goal of risk assessment and mitigation management is to measure and assess risk events, with the ultimate goal of managing those risks. In practical terms, risk management is the process of minimizing, or mitigating, risk events, starting with the identification and evaluation of such events and extending on to the optimization of the resources used to monitor and minimize it.

  • Overview
  • What is Risk?

Related Content

Customize your page view by dragging and repositioning the boxes below.

Related Journal Articles
Related eBook Content
Topic Collections

Sorry! You do not have access to this content. For assistance or to subscribe, please contact us:

  • TELEPHONE: 1-800-843-2763 (Toll-free in the USA)
  • EMAIL: asmedigitalcollection@asme.org
Sign In