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Risk Acceptance Plan
A strategy where potential risks are acknowledged but deemed manageable or low enough to proceed without additional mitigation measures.
Risk Avoidance Plan
A strategy or approach to identify, assess, and prevent potential risks from impacting a project or business activity.
Financial Risk
The possibility of losing money or the financial uncertainty involved in an investment, business venture, or other financial activities.
Project Risk
Potential problems that could endanger the success of a project, including uncertainties and potential negative events.
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