# Risk Management Status: public Confidence: medium (0.865) (verified) Last verified: 2026-05-28 Generation: ai_assisted ## TL;DR Risk management is the structured practice of identifying, assessing, treating, and monitoring uncertainty that can affect objectives. Public claims should cite recognized standards and frameworks rather than generic business advice. ## Core Explanation Organizations use risk frameworks to connect governance, strategy, controls, and monitoring. ISO 31000 gives general risk-management guidance, COSO frames enterprise risk management around strategy and performance, and NIST provides a security and privacy risk-management process for information systems. ## Related Articles - [Strategic Management Theory](../strategic-management-theory.md) - [Amazon Web Services (AWS)](../../computer-science/amazon-web-services-aws.md) - [AI Governance and Policy](../../ai/ai-governance-and-policy.md)