risk analysis JUST WRITTEN FOR YOU
/ˈrɪsk ənˈælɪsɪs/ · risk.an.a.ly.sis
noun
- The process of identifying, assessing, and prioritizing potential risks to an organization, project, or decision. The company conducted a thorough risk analysis before investing in the new market.
- A detailed examination of the potential consequences of a particular action or decision, including the likelihood and potential impact of various outcomes. The financial advisor performed a risk analysis to determine the best investment strategy for her client.
Synonyms
risk assessmenthazard analysisthreat analysisprobability analysisconsequence analysisvulnerability analysissecurity analysisportfolio analysis
Antonyms
Did you know? Risk analysis is a critical component of many industries, including finance, healthcare, and engineering, where it helps organizations make informed decisions and minimize potential losses.