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Oregon Youth Soccer Association RISK MANAGEMENT MANUALForeword Risk Management is a term that encompasses many things that all lead towards the same goal decreasing the likelihood that something bad
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Risk management is a process of identifying, assessing, and prioritizing risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events.
Companies and organizations across various industries are required to file risk management assessments to ensure they are compliant with regulations and standards.
To fill out a risk management assessment, businesses typically identify potential risks, assess the likelihood and impact of those risks, and develop strategies to mitigate or manage those risks effectively.
The purpose of risk management is to proactively identify potential risks, assess their impact, and implement strategies to minimize or eliminate those risks to ensure business continuity and protect assets.
Risk management assessments typically include information about identified risks, their likelihood, potential impact, as well as the strategies or control measures in place to manage those risks.
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