
Risk Reduction Management
Risk Reduction Management is the process of identifying, assessing, and prioritizing potential risks to minimize their impact on people, assets, and operations. It involves developing strategies to mitigate hazards, such as implementing safety measures, creating contingency plans, and fostering a culture of awareness. By proactively addressing risks, organizations can protect themselves from emergencies, financial losses, and reputational damage. Essentially, it’s about making informed decisions to safeguard people and resources, ensuring a safer and more resilient environment.