Risk Management
RISK MANAGEMENT, WAIVERS AND LIABILITY
RISK: The potential to lose something of value.
This loss may be physical, mental, social or financial.
RISK MANAGEMENT: Taking steps to minimize potential
risk; the opportunity for loss
--> Perceptions of risk are influenced by
multiple factors related to personality,
experience, skill, and competence.
This loss may be physical, mental, social or financial.
RISK MANAGEMENT: Taking steps to minimize potential
risk; the opportunity for loss
--> Perceptions of risk are influenced by
multiple factors related to personality,
experience, skill, and competence.