DEVELOPMENT OF RISK MANAGEMENT BASED ON THE USE OF MONITORING TECHNOLOGIES IN CONDITIONS OF UNCERTAINTY

This article reveals the essence and significance of the phenomenon of our research – risk management in conditions of uncertainty. Undoubtedly, risk and uncertainty act as interrelated components of enterprise management. After all, as you know, any entrepreneurial activity is directly associated with various risks. Accordingly, the task of each organization is their maximum reduction with the help of competent knowledge in managing the resulting risk events. Since failure to perform these functions entails the emergence of questions about the possibility of the long-term existence of the enterprise in conditions of uncertainty. Undoubtedly, even today, the object of our research does not lose its relevance and occupies an important place among economists for the purpose of selecting and developing certain methods to reduce risks. In addition, in the course of writing this research work, we considered the main stages of risk management. Thus, we can conclude that the essence of risk management is to analyze and identify the strengths and weaknesses of the company in the concept of interaction with all counterparties. Also in this work, we considered the main classification of risks by various types. The article provides certain recommendations aimed at reducing risk situations in order to improve literacy and efficiency in business management. After all, it is precisely through the rational use of the company’s available resources that it is possible to increase the profitability of the enterprise, which will, in turn, be accompanied by the long-term existence of the company.