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horrorfan [7]
3 years ago
14

_____ involves reducing the impact of a risk event by reducing the probability of its occurrence.

Business
1 answer:
inysia [295]3 years ago
8 0
Risk mitigation involves reducing the impact of a risk event by reducing the probability of its occurrence. To mitigate means to make something less bad or less severe so in this case if a risk turned out to be a negative reality, risk mitigation should be a part that you've already planned so you could easily solve it and move on with the project.
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