Risk Management

Risks can come from various sources including uncertainty in financial markets, threats from project failures, legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events: negative events can be classified as risks while positive events are classified as opportunities.

Our consultants are versed with several risk management standards, including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards.  We will help your business identify strategies to manage threats, such as avoiding the threat, reducing the negative effect or probability of the threat, transferring all or part of the threat to another party, and even retaining some or all of the potential or actual consequences of a particular threat, and the opposites for opportunities.