Risk management actions are important for all businesses, regardless of their size or segment.
To understand this, just remember that, whatever the process in your daily life, the risks represent uncertainties regarding the results achieved. It may be the risk that the raw material will run out, that a machine or equipment will stop working, that a tool will fail, that productivity will fall, in short.
As much as you use accurate data when making your projections, it is impossible to determine w