Riding a Contract
To re-structure an organization with
the aim of reducing costs and improving
efficiency and effectiveness.
The chance of injury, damage, or loss; the
probability of some occurrence (e.g., a failure)
and the consequences and impact of that
The stated findings of a factor,
element, or cause involving uncertain harm or
The process of identification
and analysis of risk; the decision to either
accept or mitigate the exposure to such risk
when compared to the potential impact on the
achievement of the entity’s objectives.