It's all about:: risk management, performance management

Is risk management a subset of performance management, or is performance measurement a subset of risk management? In one sense, the risk of poor performance is but one of the many risks, therefore performance management is a subset of risk management. In another sense, risk management is just one task of many tasks that need to be undertaken, and which the performance of needs to be measured. In this sense risk management is a subset of performance measurement.

Either way round, both concepts are pretty all-encompasing.