Risk management is a discipline for dealing with uncertainty.
Every nonprofit faces uncertainty and risk. Few, if any, nonprofits operate in risk-free environments. From uncertainty about continued funding, program outcomes and the organization's ability to ensure client safety, managing a range of risks is required for both survival and success. The discipline of risk management helps identify, assess and control risks that may be present in operations, service delivery, staffing, and governance activities. It is well worth the time to integrate risk management into your operations and there are many good reasons to do so.