zmVault/risk-management.md

id, aliases, title, tags, dg-publish

id	aliases	title	tags	dg-publish
		Risk Management	authorship/original destiny/permanent status/incomplete topic/risk type/encyclopedia	true

Risk Management

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TALK

This note is for business risk management methods, even those not commonly labeled as such.

Note that risk management and actuarial science have significant overlap in their common definitions. For the purposes of this-notebook, legitimate mathematical methods for quantifying risk fall under actuarial-science. Other (qualitative) methods as well as strategy based on methods of either type are appropriate for this note.

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Risk management is a professional discipline that is concerned with mitigating negative consequences of uncertainty on a business (i.e. managing risk).