Electrons have a negative electrostatic charge and protons have a positive electrostatic charge. A good way to remember what charge protons have is to remember both proton and positive charge start with P. Like charges repel, unlike charges attract, just like with magnets.
Risk Management Approach and Plan. Definition: Risk management is the process of identifying risk, assessing risk, and taking steps to reduce risk to an acceptable level [1]. The risk management approach determines the processes, techniques, tools, and team roles and responsibilities for a specific project.
Defining Personal Risk Management. Personal risk management (PRM), as I will use that phrase in this series, is the process of applying risk management principles to the needs of individual consumers. PRM is the process of identifying, measuring, and treating personal risk (including, but not limited to, insurance), followed by implementing the treatment plan and monitoring changes over time.