Risk Monitoring

Risk monitoring refers to the process of continuously assessing and tracking potential risks that may impact an organization’s objectives or projects. It involves the systematic collection, analysis, and evaluation of data to identify and understand potential threats, vulnerabilities, and uncertainties. By monitoring risks, organizations can proactively identify and address issues before they escalate into major problems, allowing for effective risk mitigation strategies to be implemented. This helps in ensuring the smooth operation of business activities and the achievement of desired outcomes while minimizing potential negative impacts.