Risk Management is a set of processes that enable corporations to be proactive about
technology projects, schedules, costs, operational issues and reputation as opposed to
being reactive. When the correct risk assessments are made, development and implementation
plans can cover the potential problems comprehensively. These problems would otherwise
result in unplanned and reactive measures. Strong management teams perform careful
assessment of the various types of risk and manage these in order to establish effective
practices and appropriate responses.
Digital Substrate routinely includes multiple forms of
risk assessment which ultimately helps ensure return on investment.