Question

What is effective risk management?

Answer 1

Answer:

Effective risk management means attempting to control, as much as possible, future outcomes by acting proactively rather than reactively. Therefore, effective risk management offers the potential to reduce both the possibility of a risk occurring and its potential impact.

Answer 2

Answer:

Effective risk management means attempting to control as much as possible ,future outcomes by acting proactively rather than reactively

Explanation:

Therefore , effective risk management offers the potential to reduce both the possibility of a risk occuring and it's potential impact.

May this answer helps you to understand effective risk management.

I advice that You should understood topic effective risk management and then write.