The objectives of this presentation are: To improve understanding of the fundamental and mandatory integrative approach to Risk Management processes and knowledge areas. To show that Risk Management of natural disasters is practically about managing the risk consequence as man has no control of their probability. To highlight some of the critical Risk Management elements needed for success including the use of cause & effect analysis. To share with other professionals some interesting principles & concepts that will lead to a more effective Risk Management. To differentiate Risks, Facts, Issues and Problems. To emphasize the importance of a good quality plan. To provide a high level list on how to address risks, issues and problems.