Posts Tagged ‘What is a Document?’

What is Risk Management?

Risk Management is an iterative process to meet compliance requirements. It is based on international standards and regulatory guidance, which provide systematic approach to implement risk management within a project.

Broadly, risk management process can be classified and sub-classified as follows:

  1. Risk Assessment
    1. Risk Identification
    2. Risk Analysis
    3. Risk Evaluation


  1. Risk Control
    1. Risk Reduction/Mitigation
    2. Risk Acceptance


  1. Risk Review

What is a Document?

Document is a container that holds a collection of information. This information may be structured, semi-structured or unstructured.

The world of business and government is based around documents. Transaction documents record transactions of one sort or another and often, therefore, have a commercial and legal value.

Reference documents have a knowledge management (KM) value and are published and referred to by professionals as a source of knowledge.