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Determine whether and are parallel, orthogonal, or neither.
Eliminating Risk
The process of removing potential threats or uncertainties that could negatively impact a project's objectives or outcomes.
Assessing Risk
The process of identifying and evaluating potential risks and their impact on a project, organizational objective, or activity.
Risk Mitigation
Strategies and methods implemented to reduce the severity, impact, or likelihood of potential risks to a project or organization.
Risk Evaluation
The process of identifying, assessing, and prioritizing risks to an organization or project, followed by coordinated efforts to minimize or manage the impact of these risks.
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