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risk management

   Also found in: Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
The process of identifying, assessing, and controlling, risks arising from operational factors and making decisions thatbalance risk cost with mission benefits. Also called RM. See also risk.


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Summary: Better risk management to fuel local business' development, says SAS IT spending in Egypt is projected to reach highs of USD 1.
In fact, supply-chain risk management has taken center stage because critical business activities, including offshore operations, global outsourcing and lean sourcing are impacting the core of modern companies.
The OGC M_o_R (Management of Risk) framework for risk management identifies twelve risk management principles, which are intended "not .
 
 
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