Melody Jacob

Fashion and Lifestyle Blogger

November 6, 2020

Basis of risk management : Risk identification and categorizing.

What is risk 
Risk is a measure of uncertainty. It is an uncertain event that could have a positive or negative effect on your business. A risk is a potential problem that might happen or not. The more uncertain you are about an asset value the riskier it is.​

Risk Categories
Information ​
a) Unknown risk is a risk that can be uncovered after careful evaluation of the project business, and technical environment.​

b) Predictable risks are risks that are extrapolated from past project experience. ​
​
c) Unpredictable risks are risks that can and do occur but are extremely difficult to identify in advance. 
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Basis of risk management
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“Lavish Your Best On The Lord” Sunday, May 18, 2025

Key Verse “Verily I say unto you, Wheresoever this gospel shall be preached throughout the whole world, this also that she hath done shall be spoken of for a memorial of her” (Mark 14:9). Text —Mark 14:3-9 Message To lavish your best on the Lord, start by giving Him your whole heart. Then use your unique gifts and abilities to serve Him. This could include anything from singing in the choir to teaching at Sunday school. Even if it’s hard or uncomfortable, give your best to the Lord. Take inspiration from the woman in our today’s Bible text who poured out her costly oil. Like David, she decided to offer to the Lord that which cost her something (2 Samuel 24:24). The hymn writer Frances Havergal wrote, “Take my life, and let it be Consecrated Lord to thee.” Christ is our perfect example of giving; He gave His life for us, and we have no reason to withhold our best from Him. So, let us give our time, talents and treasures, even in the most difficult times, because the difficult times are the best times to give. Never mind the side-talks of those that see it as a waste but make sure you give yourself first before other things. When you give your best, you’re laying up treasures in heaven. Quote Christ is our perfect example of giving Challenge Start by giving your life to Christ. Prayer for today Lord, please give me the grace to give my best to you.
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