Before revision: Risk management Crowds gathering outside the New York Stock Exchange after the Wall Street Crash of 1929 Customers queuing outside a Northern Rock branch in the United Kingdom to withdraw their savings during the financial crisis of 2007–2008 Risk management, in general, is the study of how to control risks and balance the possibility of gains; it is the process of measuring risk and then developing and implementing strategies to manage that risk.
After revision: Risk management Crowds gathering outside the New York Stock Exchange after the Wall Street Crash of 1929 Customers queuing outside a Northern Rock branch in the United Kingdom to withdraw their savings during the financial crisis 2007–2008 Risk management, in general, is the study of how to control risks and balance the possibility of gains; it is the process of measuring risk and then developing and implementing strategies to manage that risk.