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Different activities in Risk Management?
Activities in risk management are as follows:- 1.) Risk identification, 2.) Risk prioritization and 3.) Risk treatment 1.) Risk identification:- Risk identification is majorly dependent on the project scope. It is often carried forward...
Risk management is the recognition, analysis, and prioritization/arrangement of risks (defined in ISO 31000 as the effect of uncertainty on objectives) . It is trailed by coordinated/synchronize and low-budget application of resources to reduce, ...