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Risk Management vs Risk Control

 , updated on April 14, 2017
Risk management is the process of identifying, analyzing and treating risks.
Risk control is a type of risk treatment that involves implementing policies, procedures and automations to reduce risk.

The Difference

Risk management is the end-to-end process of identifying and handling risks. Each risk is analyzed and a decision is made to avoid, accept, mitigate, transfer or share each risk.
Risk control is a means of mitigating risks by implementing operational processes. For example, the risk of equipment failure might be controlled by performing regular maintenance according to a predefined schedule.


Risk management uses risk control as one method of treating identified risks.
Risk Management vs Risk Control
Risk ManagementRisk Control
DefinitionThe process of identifying, analyzing and treating risk. Implementing operational policies, procedures and automations to mitigate risk.

Risk Management

This is the complete list of articles we have written about risk management.
Acceptable Risk
Business As Usual
Business Impact
Business Risks
Calculated Risk
Cascading Failure
Contingency Plan
Contingency Planning
Disaster Preparedness
Dread Risks
Economic Risk
Financial Risk
Innovation Risk
Investing Risk
Plan Template
Political Risk
Positive Risk
Project Risk
Reputational Risk
Residual Risk
Resource Risk
Risk Acceptance
Risk Analysis
Risk Appetite
Risk Awareness
Risk Capacity
Risk Communication
Risk Contingency
Risk Control
Risk Culture
Risk Estimates
Risk Evaluation
Risk Exposure
Risk Impact
Risk Intelligence
Risk Management
Risk Matrix
Risk Measurement
Risk Mitigation
Risk Monitoring
Risk Objectives
Risk Prevention
Risk Probability
Risk Profile
Risk Reduction
Risk Register
Risk Response
Risk Sharing
Risk Taking
Risk Tolerance
Risk Treatment
Risk Trigger
Risk-Reward Ratio
Seasonal Risk
Secondary Risk
Special Risks
Strategy Risk
Tactical Risk
Technology Risk
Unknown Risks
Upside Risk
More ...
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