# Risk Management

**IRI:** https://folio.openlegalstandard.org/Ru8IZ0c4FPR4BSj4MyRQT3

## Labels

## Definition

The concept of Risk Management refers to the process of identifying, assessing, and prioritizing potential risks that may affect a business or organization, and implementing strategies to mitigate or avoid those risks.

## Sub Class Of

- https://folio.openlegalstandard.org/ROb7P1zmS9dqMfXoFzhfu6

**Deprecated:** False