Rreziqet

Rreziqet is the Albanian term for risks or hazards, referring to the potential events or conditions that could cause harm, loss, or opportunity costs. In both everyday language and formal writing, rreziqet are described in terms of their probability and their potential impact.

The concept is used across many sectors, including public safety, finance, health, environment, and technology. In risk management, rreziqet are identified, evaluated, and prioritized so that appropriate controls can be applied. The goal is to reduce negative outcomes while preserving opportunities.

Risk management typically follows a sequence of steps: identifikimi i rreziqeve (identification of risks), vlerësimi i rreziqeve (assessment of risks), implementimi i masave të kontrollit (implementation of mitigation measures), and monitorimi (monitoring). Both qualitative and quantitative methods may be used to estimate likelihood and severity.

Common categories of rreziqet include operational risks from processes and systems, financial risks such as market and credit risk, technological risks including cyber threats, and environmental risks related to natural hazards and climate change. Political, legal, and reputational risks are also considered in comprehensive risk assessments.

Rreziqet play a central role in policy making, corporate governance, and safety planning. They are addressed through frameworks that emphasize identification, assessment, mitigation, and ongoing monitoring to support informed decision-making and resilience.