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risk identification

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.

risk identification

Determining potential risks to a company's operations. These include financial risks, such as running out of cash because of a high burn rate, or operational risks, such as not having enough capacity to meet demand.



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According to the report, the Government has been recruiting temporary staff to fill some of the gaps, which include areas like contract management, business acumen, and risk identification.
The process of risk identification is now dynamic and continuous," he adds.
They tend to miss the whole point of the risk identification process.
 
 
 
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