7.5 THE RISK-MANAGEMENT PROCESS
The risk-management process in Figure 7-1 is not a simple linear one, it is dynamic and iterative, one through which we must travel many times in the exercise of our management responsibilities.
It is for very good reason that the risk-management process is depicted as a series of loops with bi-directional arrows in a number of places. By following the arrows, we see that there are many loops and loops within loops.
