why is risk analysis important 
sometimes risk analysis is important because it guides company decision making consider the example of a company considering whether to move forward with a project the decision may be as simple as identifying quantifying and analyzing the risk of the project risk analysis is also important because it can help safeguard company assets whether it be proprietary data physical goods or the well being of employees risk is present everywhere companies must be mindful of where it most likely to occur as well as where it is most likely to have strong negative implications the bottom linerisk analysis is the process of identifying risk understanding uncertainty quantifying the uncertainty running models analyzing results and devising a plan risk analysis may be qualitative or quantitative and there are different types of risk analysis for various situations 