Eliminating cause eliminates risk. Can be done by changing the Project Plan or protecting project objectives from its impact.消除风险产生原因。通过修改项目计划来消除某些风险或使项目目标免受风险的影响（在项目早期风险可通过澄清要求获取信息，加强沟通，听专家的，来规避）Mitigation (reduction)缓解（减轻）Re...
A cybersecurity event, by contrast, is both probable and of high impact—so a business can justify focusing more resources here. 3. Implement mitigation strategies Next, it’s time to invest in risk mitigation strategies. For cybersecurity risk, mitigation could include technology such as data ...
Qualitative Risk Analysis:This type of analysis focuses on subjective and descriptive assessments of risk likelihood and impact. It considers expert judgment and is useful when there is limited data available. Quantitative Risk Analysis:In contrast to qualitative analysis, quantitative risk analysis involve...
Analysing four types of IT sourcing decisions in the context of scale, client/supplier interdependency and risk mitigation - Currie, Willcocks - 1998Currie WL, Willcocks LP. 1998. Analysing four types of IT sourcing decisions in the context of scale, client/supplier interdependency and risk ...
Develop and implement a risk assessment plan in own area of responsibility. Candidate Explanation There are many regulations that require risks to be assessed.Some are covered by European Community directives.Very important is to follow them when making risk assessments‚these include: ...
It needs to be done before any other steps can be taken, as it helps to determine what kind of mitigation measures should be taken. Risk identification can be done by using several techniques such as brainstorming, analyzing historical data, and conducting interviews. The goal of risk ...
This is known as a negative risk response strategy. Some of the most common types of risk response strategies for negative risks include avoidance, risk mitigation, likelihood reduction, risk transfer, contingency plans, and acceptance of risks. Often, these risk response strategies are employed in...
Answer to: Identify the various types of risk. Select two types of risk and explain potential mitigation strategies to minimize adverse impact. By...
Answer to: Briefly describe the different types of risk. Indicate which type of risk is most difficult to quantify and explain why that is the...
Mitigation Plans:Companies can evaluate the potential consequences of various risks and develop a detailed action plan to address issues that may arise to minimize any damage to the business. For example, if the risk management team determines that the business is vulnerable to a cybersecurity attac...