GLP will perform an identification, assessment and prioritization of risks and uncertainties in partnership with the Principal. These uncertainties MAY have a negative impact on achieving the Principal's objectives.
In cooperation with the Principal, GLP will provide a coordinated and economical application of resources to minimize, monitor and control the probability and/or impact of risks and to maximize the realization of opportunities. Risks can arise from uncertainty in financial markets, threats from project failures, legal liabilities, credit risk, accidents, natural causes and disasters, as well as from a deliberate attack from an adversary. GLP methods, definitions and goals vary widely according to the risk assessment. Management methods employed can be in the context of project management, security, engineering, financial portfolios or public health and safety.