You have to $...$ systematically imagine every risk $$ including those that may

not have been imagined or experienced before.$$ From $$So You Want to be a Risk

Manager? $25$ Lessons Learned During $25$ Years in the Trenches,$$ by Michael J$.$

Cawley, Risk Management Magazine, Nov. $2010.$

$3$ definitions of risk:

$1.$

$2.$

$3.$

When defining a particular type of risk, you can usually start with:

the possibility of loss due to $....$

OR

uncertainty about $...$

interest$-$rate risk $$

product acceptance risk $-$

CRO