10 What is risk management?

Videos 1-9 in this series cover risk management basics. Now we move to a set of videos exploring the risk management process. Videos 10-31 address key "how-to" questions, with valuable insights and tips from David. We start with the basic question - What exactly is risk management?
[NOTE: We have recently discovered an audio problem on the first ten videos in this series, including this one, which causes the sound level to vary. We apologise for this problem and the video production team are trying to fix it. We hope it does not spoil your enjoyment of the video content.]