Describe ways of managing a risk

      

Describe ways of managing a risk

  

Answers


Steve
i)Do nothing;this is where the effect of the risk is small.
ii)Reduce the risk;More resources are committed in ares of complexity.
iii)Transfer it;is done by seeking guarantees and penalty clauses.
iv)Remove the risk;It is done by completing threatened activities in different system.

Steve ju answered the question on October 11, 2018 at 19:29


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