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Identifying, analyzing, assessing, controlling, avoiding, minimizing, or eliminating unacceptable hazards is what risk management is all about. Where do risks come from? Causes include Acts of God (natural causes and disasters), unpredictable or unknowable events, and deliberate attacks from adversaries, such as agents of terrorism. There are also legal liabilities, credit risks, financial market uncertainties, accidents, or threats of project failures.
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