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An adolescent who knows how to keep a conversation going at an informal gathering is demonstrating good
Risk Transfer
A strategy in risk management involving shifting the potential risk from one party to another, often through insurance or outsourcing.
Risk Mitigation
Strategies and actions taken to reduce or eliminate the impacts of uncertainty or threats on a project.
Risk Breakdown Structure
A risk breakdown structure (RBS) is a hierarchical framework that categorizes potential risks in a project, organized by source or nature, to facilitate better risk management.
Risk Avoidance
A strategy in risk management involving the elimination of hazards, activities, and exposures that can negatively affect an organization's assets.
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