Risk analysis (business)

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Risk analysis" business – news · newspapers · books · scholar · JSTOR (March 2024) (Learn how and when to remove this message)

Risk analysis is the process of identifying and assessing risks that may jeopardize an organization's success. It typically fits into a larger risk management framework.

Diligent risk analysis helps construct preventive measures to reduce the probability of incidents from occurring, as well as counter-measures to address incidents as they develop to minimize negative impacts on the organization.

A popular method to perform risk analysis on IT systems is called facilitated risk analysis process (FRAP).^{[citation needed]}