What is Risk Management? @cbtnuggets
What is Risk Management?  @cbtnuggets
Uploaded September 2025 | Updated September 2026, 1 week ago
CBT Nuggets trainer Bob Salmans breaks down the core concept of risk management, detailing a five-step process that includes:
1. Identify risk
2. Define probability
3. Define potential impact
4. How to handle risk
5. Monitor risk
He also explains why executive support and organizational culture are so important for effective risk management.

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What is Risk Management?

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