Risk analysis and mitigation requires identifying your risks, understanding how they might affect your project, and then figuring out what you can do to minimize their effects. The four types of risk mitigating strategies include risk avoidance, acceptance, transference and limitation. A good risk mitigation plan should address the following: Characterize the root causes of risks that have been identified and quantified in earlier phases of the risk management process. The presentation gives better understanding on the topic.

Shashank Shekhar Pathak

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