What Does SR Stand For?
SR stands for Significant Risk
SR, or Significant Risk, refers to a potential event or condition that could have a substantial negative impact on an organization’s operations, financial performance, or reputation. It is critical for risk management processes as it helps identify, assess, and prioritize risks, enabling proactive measures to mitigate adverse effects and ensure organizational resilience. Properly addressing SR is essential for maintaining compliance, safeguarding assets, and supporting strategic objectives.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym