Meeting 3 Overview
Risk measurement is an attempt to find out the size of the risk that will occur. This is done to see the level of risk faced by the company, then can see the impact of the risk on the company's performance as well as being able to prioritize risks, which risks are the most relevant. Risk measurement is an advanced stage after risk identification. Where risk identification is basically a systematic and continuous analysis activity to find/identify the possibility of potential losses facing/threatening the company. This is done to determine the relative importance of risks, to obtain information that will help to determine the appropriate combination of risk management tools to deal with them.
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