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Risk Mitigation
Strategies and approaches used to reduce or control the probability and impact of negative events or risks on a project.
Risk Transfer
The strategy of passing financial risk from one party to another, often through the use of insurance or outsourced contracts.
Risk Breakdown Structure
A hierarchical decomposition of risks associated with a project, categorized systematically for analysis and management.
Risk Evaluation
The process of identifying potential risks in a project and assessing the likelihood and potential impact of those risks.
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