Question: Video: What Is Risk Management? opens in new window ( 2 : 2 9 ) This video explores the purpose and value of risk management.

Video: What Is Risk Management? opens in new window

(2

29)

This video explores the purpose and value of risk management. This resource will support your work on the risk ranking portion of Project Two

(

due in Module Seven

) .

While this course refers to the task as risk ranking, you will notice that there are a variety of terms used for this area of risk management, including risk triage and risk matrix. As you watch, consider the following:

What is the purpose of risk management?

What are the five types of risk?

When does risk management occur?

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