This book presents the fundamentals of managing risk. The aims of this book are to: define a risk manager; define what risk management is all about; define various categories of risk; It is hoped that the book will appeal to students at undergraduate, graduate or post experience level in business or management, or on related professional courses. It is also hoped that the book will appeal not only to those aspiring to be risk managers but also to practicing risk managers and supervisors who wish to expand their knowledge of the subject matter. The book is written with a minimum of technical terminology and statistical formulas and the format is clearly structured."