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1 What is risk?

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This is the first video in the 100 Risk Questions series. The series starts with basic risk concepts, then moves on to the risk process, before addressing more specific areas.
Videos 1-9 cover the following topics:
1. What is risk?
2. How are risks linked to objectives?
3. Are all risks bad?
4. Do we need a different process to identify & manage opportunities?
5. What is the relationship between threats and opportunities?
6. Can all risks be avoided? Why is it sometimes necessary to take risks?
7. What is the difference between risk and uncertainty?
8. What is the difference between risks and problems/issues?
9. Why is risk management important, and how is it linked to the success or failure?
[NOTE: We have recently discovered an audio problem on the first ten videos in this series, including this one, which causes the sound level to vary. We apologise for this problem and the video production team are trying to fix it. We hope it does not spoil your enjoyment of the video content.]
Videos 1-9 cover the following topics:
1. What is risk?
2. How are risks linked to objectives?
3. Are all risks bad?
4. Do we need a different process to identify & manage opportunities?
5. What is the relationship between threats and opportunities?
6. Can all risks be avoided? Why is it sometimes necessary to take risks?
7. What is the difference between risk and uncertainty?
8. What is the difference between risks and problems/issues?
9. Why is risk management important, and how is it linked to the success or failure?
[NOTE: We have recently discovered an audio problem on the first ten videos in this series, including this one, which causes the sound level to vary. We apologise for this problem and the video production team are trying to fix it. We hope it does not spoil your enjoyment of the video content.]
1 What is risk?
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