Integrated risk management

The fundamental objective of Integrated Risk Management (IRM) is to ensure that risks to people and their livelihoods are kept to the lowest possible levels or within acceptable limits. It increases the chances of achieving the objectives. Processes that have more monitoring and control tend to be more successful. Drives proactivity.

Refers to an overall process of risk diagnosis and its components (risk identification, risk analysis and risk assessment), as well as risk treatment (prevention and preparedness, response, recovery). It favors the identification of threats, obstacles and opportunities.