Based on the seminars of Tom Peltier, this volume presents the various processes that an organization can employ in assessing risk, fully detailing each of its strengths and weaknesses. This information will allow managers to determine what processes best fit the needs of a given situation to mitigate risk levels. Always conscious of the bottom line, the author discusses the cost-benefit analysis of risk mitigation and looks at specific ways to manage costs. The conclusions presented are supported by numerous case studies and explained through diagrams that show how to apply risk management skills in an organization with regard to any business endeavor.