Risk Analysis

Risk Analysis

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Term2.png RISK ANALYSIS
A detailed examination including risk assessment, risk evaluation, and risk management undertaken to understand the nature of unwanted negative consequences to individuals, entities, regions or activities.[1]


From a programmatic perspective, risk analysis relates to the careful study and assessment of a broad range of factors that are likely to affect the performance of a programme or project and its ability to achieve results. Risk analysis provides programme or project managers with pertinent information which they can use to mitigate the effects of identified risk.[2]



References

  1. Society for Risk Analysis: 2010.
  2. United Nations Fund for Population Activities (UNFPA). Programme Manager's Planning Monitoring & Evaluation Toolkit, 2004.