Risk management involves ensuring that the main risks inherent in each activity are recognised and managed by means of a systematic process of elimination, reduction, transfer and control.
RINA Services assists customers by providing services aimed at identifying, assessing, managing and financially controlling the risks of each activity.
Risk management is based on the following logical process:
- Hazard identification
- Definition and quantification of risk scenarios
- Risk management and control by implementing countermeasures
The final objective, therefore, is to achieve what is known as residual risk, namely, the remaining risks which the company decides to maintain and manage internally. Risk reduction is achieved by performing activities aimed at eliminating, wherever possible, minimising and transferring the total risk identified during the initial analysis and quantification stage.
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