Risk Management

is basically the process of comprehensively equipped with the tools, techniques, and science needed to identify, measure, and manage risk more transparent. As a process of comprehensive risk management touches nearly every aspect of the event a business entity, from the decision making process to invest the amount of money, until the decision to accept a new employee.
Based on the basic concept of one of the important paradigm offered by Risk Management in managing the risk is that risk can didekati using a framework that is rational thought. This is possible thanks to the growth theory of probability and statistics that allow us to have a tool memilah, to quantify and measure risk. Assumptions that underlie this case is that the statistics on the "recall numeric" (Numerical memory) that have a period of decline that we can read a certain flow that allows us kemungkinankemungkinan project that we will face in the future.

Frame Work Risk Management

As a process, framework for Risk Management is basically divided into three phases of work:
1. Risk Identification
Risk identification is the process of introducing a series of carefully on the risks and the inherent risk component in a transaction or activity that is directed to the measurement process and the appropriate risk management. Risk identification is the foundation where the other stages in the process of Risk Management, was built.
2. Measuring Risk
Risk measurement is a series of processes with the aim to understand the significance of which will be incurred as a result of a risk, both individual and portfolio, the level of health and business. An accurate understanding of the significance will be the basis for the effective management and successful risiyang order.
3. Risk management
Risk management is essentially a series of processes to minimize the level of risk faced up to the limit that can be received. The quantitative measures to minimize the risk of this is done by applying langkahlangkah directed decrease in the (number) measure the results obtained from the process of measuring risk.

Risk Identification

As a series of processes, risk identification begins with an understanding of what is referred to as a risk. As didefiniskan above, the risks are: the level of uncertainty will be the occurrence of something not realize the goal, on a frame / period (time horizon). Have a period of decline in the definition are two important measurements in the understanding of risk.