4.2  Risk

Partnerships BC, in conjunction with the B.C. Ministry of Finance Risk Management Branch (RMB), has developed an extensive risk management guidance. The Risk Management Branch is accountable for the effective management of the risks of loss to which the government is exposed by virtue of its assets, programs and operations, and provides risk management services in areas such as loss control, risk financing, risk identification and transfer, and in the development of coordinated enterprise risk management programs. This section provides an overview of the risk quantification process. A more detailed discussion of the risk analysis methodology is provided in Appendix 3.

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