The video "Risk Management and Quality" provides another example of risk prioritization called FMEA and the "Risk Management Fails without Multiple Perspectives" discusses a method of risk management called "Triangulation". There are many methods of identifying, prioritizing, mitigating, and managing risks. Share your personal definition of risk management, as it pertains to project management as a whole. Do you view risk management as a department, a process, or a discipline? Why? How would value be added or diminished by a successful risk management strategy to an activity