Defines and evaluates the risks arising in an organization and acts with the aim of achieving a solution with minimal damage. Risk management experts identify various risks that an organization may encounter, such as legal, environmental, and financial risks, and develop new strategies to keep the impact of these risks to a minimum. Security measures, examination of procedures, and evaluation of crisis plans can be among these strategies.

Utilizing various risk assessment tools such as scenario planning, probability calculations, impact analyses, and risk assessment matrices, risk management experts carry out improvement efforts to ensure that the organization has a viable plan against risks.80208082263