Risk Management Program

A Risk Management Program is a systematic approach to identifying, assessing, and addressing potential risks that could negatively impact an organization. It involves analyzing possible threats—such as financial losses, operational failures, or safety hazards—and developing strategies to mitigate those risks. This can include implementing safety protocols, investing in insurance, or creating emergency plans. The goal is to minimize uncertainties and ensure the organization can achieve its objectives while safeguarding its assets and stakeholders. Essentially, it’s about being prepared for the unexpected and protecting what matters most.