Realistic Risk Assessment Management From Precise Protective Research

Precise Protective Research specializes in investigations and security services

. They are ready to meet the complex challenges facing corporations, businesses, and individuals, and to design, develop, and implement realistic solutions. Precise have state of the art expertise and technology to provide the services you need to safeguard the infrastructure of your supply chain security and to ensure compliance with the stringent regulatory procedures that are already in place, and are constantly changing. Precise is ready and able to assist you in developing a strategy to deal with the problems including Violence in the workplace, internal theft, embezzlement, trade secrets disputes, intellectual property espionage, Risk assessment, background investigations, computer fraud, substance abuse testing, emergency management and corporate due diligence. Precise blends the diverse, expert perspectives to create the most comprehensive method of Risk Assessment Management in the world.

Risk management is the technique for measuring, monitoring and controlling the financial or operational risk on a firm's balance sheet. Risk assessment is a step in a risk management process. The strategies to manage risk include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk. Once risks have been identified, they must then be assessed as to their potential severity of loss and to the probability of occurrence. These quantities can be either simple to measure, in the case of the value of a lost building, or impossible to know for sure in the case of the probability of an unlikely event occurring. Therefore, in the assessment process it is critical to make the best educated guesses possible in order to properly prioritize the implementation of the risk management plan. Precise will cover all aspects of treatment, through risk assessment. They offer the best solutions in the module of risk assessment. The fundamental difficulty in risk assessment is determining the rate of occurrence since statistical information is not available on all kinds of past incidents. Furthermore, evaluating the severity of the consequences (impact) is often quite difficult for immaterial assets. In business it is imperative to be able to present the findings of risk assessments in financial terms. Precise performs the risk assessment with the calculation of annualized loss expectancy and compares the expected loss value to the security control implementation costs. For the complex problems, Precise offers the realistic risk assessment solutions.

by: Jack Authors

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