Journal of Hospital & Medical Management

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Risk-management-online-journals

Risk management identifies, analyzes, and prioritizes risk (defined in ISO 31000 as the result of uncertainty in objectives) followed by the systematic and economic use of resources to reduce, monitor, and control the potential or impact of adverse events or to maximize the fulfillment of opportunities.

Risks may range from a variety of sources including financial market uncertainties, threats from project failure (at what stage in the construction, growth, production, or financing of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attacks from an adversary, or uncertainty events or unexpected cause. There are two types of events i.e. negative events can be classified as risks while negative events are classified as opportunities. Risk management standards have been developed by various institutions, including the Project Management Institute, National Institute of Standards and Technology, Community Organizations, and ISO Standards. The methods, definitions and purposes vary depending on whether the risk management methodology is in the form of project management, security, engineering, industrial processes, financial portfolios, actuary testing, or public health and safety.

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Citations : 319

Journal of Hospital & Medical Management received 319 citations as per Google Scholar report

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