6.7 Risk management

Risk management is the process of identifying, assessing and controlling disruption during periods of change to an organization.

Actions in the context of risk management undertaken by NSOs are based on well-established theoretical and practical knowledge. The objective of these activities is to develop, implement and then improve the system of identification and response to emerging threats.

Agile risk management is an emerging methodology using an evolutionary set of measures to build a model combining the need to obtain a stable and predictable response system to emerging threats with a constant need to identify and exploit new opportunities.

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Links to guidelines, best practices and examples:

• Guidelines on Risk Management Practices in Statistical Organizations (🔗).