Risk Management

powerful as it provides fact-based and science-based decision making in safety, security, and sanitation.

is usually expressed in terms of sources, events, consequences, and likelihood, is the effect of uncertainty on objectives

Involve government-mandated licenses and business permits and requirement

• Compliance Risk

• Control Risk

• Hazard

  Risk

• Opportunity Risk

Pure Risks are the risks that can prevent and deter the achievement of the companies goals, missions and objectives.

• Compliance Risk

• Control Risk

• Hazard

  Risk

• Opportunity Risk

these are risks that can cause uncertainty or doubt about the ability to achieve company’s goals, missions, and objectives.

• Compliance Risk

• Control Risk

• Hazard

  Risk

• Opportunity Risk

these are risks that are usually deliberately sought or embraced by the organization specifically for the future long-term success of any organization.

• Compliance Risk

• Control Risk

• Hazard

  Risk

• Opportunity Risk

is an analytical process to provide information regarding undesirable events in which it estimates probabilities and expected consequences for identified risks

• Risk

• Risk Assessment

• Risk Evaluation

• Risk Analysis

Type of impact of loss that describes as the facility is damaged/contaminated beyond habitable use.

• devastating

• minor

• severe

• noticeable

Type of impact of loss that describes as the facility experiences no significant impact on operations.

• devastating

• minor

• severe

• noticeable

Type of impact of loss that describes as 1.the facility is partially damaged/contaminated.

• devastating

• minor

• severe

• noticeable