Examlex
Identify the following terms.
-Nyame
Risk Response Plan
A strategic approach to identifying, assessing, and developing options and actions to deal with potential threats or opportunities.
Total Risk
The complete range of potential threats to the success of a project or investment, encompassing both known risks and those that cannot be anticipated.
Risk Breakdown Structure
A hierarchical decomposition of risks into categories and subcategories, intended to organize and manage risks more effectively.
Risk Avoidance
A strategy aimed at eliminating or avoiding specific threats or risks to project or business activities.
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