Life is full of risk. In this unit ‘risk’ describes the probability and consequences of harm or, at worst, disaster. Risk management involves many stakeholders and integrated management systems help to ensure that safety, quality, environmental and business risks are all managed correctly. This unit also looks at emergency preparedness, that is, the management of emergencies and disasters. This study unit is just one of many that can be found on LearningSpace, part of OpenLearn, a collection of open educational resources from The Open University. Published in ePub 2.0.1 format, some feature such as audio, video and linked PDF are not supported by all ePub readers.