Hello again Mark, thanks for this encouragement. Often the best experience in unsderstanding and managing risk is gained on the job, as you ask and answer key questions and try to find out what's REALLY going on and why, then consider what that means for the future. I wish you success in your new job. May you find more opportunities than threats!!

Thank you very much

You've got it! Risk is a double-sided concept, defined as "uncertainty that matters". It matters because if it occurs it will affect our ability to achieve our objectives. If the effect is negative, then we call that risk a threat. If the effect is positive, we call it an opportunity. Both are risks and both can be managed through the risk management process, ideally in an integrated approach.

You're very welcome Moussa.

Hello again Nenad. I don't specifically address risk interdependence in this video series, although it is mentioned in #50 "What is enterprise risk management?" (kzfaq.info/get/bejne/mKefda2h35-vZXk.html). The idea of risk connectivity (or risk cladistics) is quite new, and not a lot has been written or spoken about it (yet!!). Watch this space!

@@Risk-Doctor Thank you David for your ongoing contribution to the risk community. Hey Nenad - you may wish to also explore the following for a global risk interaction map and methodology. reports.weforum.org/global-risks-2019/survey-results/global-risks-landscape-2019/#risks///