Risk management

Risk management is the identification, assessment, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risk management’s objective is to assure uncertainty does not deflect the endeavor from the business goals.

Risks can come from various sources: e.g., uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

Latest News for: Energy risk manager

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Cabinet approves establishment of national medical tourism council to boost healthcare sector

Daily News Egypt 29 Apr 2025
In addition, the Cabinet approved a draft resolution to form a High Committee for the Implementation of the Comprehensive Risk Management System for Goods Clearance. The goal is to unify risk management methodologies and improve inter-agency coordination to facilitate trade....
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HydroFleet Propels Hydrogen Revolution Forward With HTWO Logistics Collaboration in Savannah, GA

ACCESSWIRE 29 Apr 2025
("HydroFleet") is excited to announce the construction of its new hydrogen production and refueling station at the new HTWO Energy Savannah site in Pooler, Georgia ... Our expertise in energy trading and risk management ensures a reliable and efficient supply of feedstock, contributing to the success of this environmentally friendly initiative."....
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May is Mental Health Awareness Month

The Baytown Sun 29 Apr 2025
Self-care means taking the time to do things that help you live well and improve both your physical health and mental health. This can help you manage stress, lower your risk of illness and increase your energy. Even small acts .......
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Tajikistan, OSCE discuss cooperation plans

China.dot.org 29 Apr 2025
During the discussion on security issues, both sides emphasized the importance of strengthening partnerships to counter global risks and threats. Priority areas of cooperation included water and energy resource management, climate change, and natural disaster prevention ... Enditem ....
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Power back in Spain, Portugal after massive blackout

Atlantic News Telegraph 29 Apr 2025
Maria Jesus Cobos managed to drive home through Madrid overnight after a chaotic day that deprived her of light and communications until almost 11.00 pm (2100 GMT) ... "After an intense night, we have managed to restore 99.95% of energy demand and 100% of substations," Sanchez wrote on X before an emergency government meeting on Tuesday....
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Senior Process Engineer

The Engineer 28 Apr 2025
Are you interested in contributing and helping to shape the future of the world’s energy? If so, read on ... - Manage multidisciplinary project teams, oversee system/component repair and upgrade activities, and collaborate with systems engineers on design requirements, risk analysis, and interface management....
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Bridging the Facility Management Skills Gap for Real Estate Growth

This Day 25 Apr 2025
Professional certifications enhance credibility and career prospects by providing practical knowledge in areas such as energy management, risk mitigation, compliance, and technology integration ... higher energy efficiency ratings than those without specialized management....
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Accra to host global ESG reporting summit 2025

B & FT Online 25 Apr 2025
Held under the theme “Sustainable Growth ... Ing ... He said the summit will be structured around fifteen thematic tracks, including Climate Change and Environmental Sustainability, Green Finance and Energy Transition, Policy and Regulation for Sustainable Growth, and Governance and Risk Management ... Dr ... .......
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Top Trends in Sustainable Real Estate Development

The Signal 24 Apr 2025
Professional townhouse management services often implement these renewable energy solutions to help homeowners reduce costs and attract eco-conscious tenants ... AI-powered energy management systems. AI-powered energy management systems are changing how buildings use and save energy....
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Long-term U.S. tariffs could devastate Canada's energy sector, Deloitte warns

North Shore News 24 Apr 2025
... access to Indo-Pacific markets and demonstrates Canada’s capability to diversify exports away from the United States in the future…” the report states.  Short-term tariff impacts manageable, but long-term downturn risks ‘entire energy market’....
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TSLA Q1 Earnings Call: Management Attributes Miss to Factory Upgrades and Tariff Headwinds

The Call 23 Apr 2025
Management discussed ongoing efforts ... Tesla’s management projects that future growth will be driven by advances in autonomy, expansion of energy storage, and increased localization to manage cost and supply risks, while acknowledging continued macroeconomic and industry headwinds....
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London's IEA Summit April 24-25 addresses future of energy security, challenges

Kuna 22 Apr 2025
It will provide leaders and decision makers from around the world with an opportunity to review the trends shaping global energy security -- and reflect on the tools needed to address traditional and emerging energy security risks ... and manage energy disruptions and crises....
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Cruz, Zeldin: Roll back Biden-era regulations targeting oil and gas industry

Atlantic News Telegraph 18 Apr 2025
oil and natural gas industry, including regulations like a mandatory Greenhouse Gas Reporting Program the Biden administration implemented in the Clean Air Act that “imposed significant costs on the American energy supply;” wastewater regulations for oil and gas development; a Biden-Harris Risk Management Program rule that made U.S....

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