30 lines
719 B
Markdown
30 lines
719 B
Markdown
---
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title: Risk Management
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tags:
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- topic/risk
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- type/encyclopedia
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---
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# Risk Management
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## TALK
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This note is for business risk management methods,
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even those not commonly labeled as such.
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Note that risk management and actuarial science
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have significant overlap in their common definitions.
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For the purposes of [[this-notebook]],
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legitimate mathematical methods for _quantifying_ risk
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fall under [[actuarial-science]].
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Other (qualitative) methods
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as well as [[strategy|decisions]] based on methods of either type
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are appropriate for this note.
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**Risk management** is a professional discipline
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that is concerned with mitigating negative consequences of uncertainty on a business
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(i.e. managing [[risk]]).
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