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Reduce the impact of risk is MitigationRemoval of risk is Remediation
Ti
Safety! Risk mitigation!
what is Difference between wholesaler and retailer on the basis risk?
The answer is mitigation.
they are the same
idl
A constraint is a limitation that is visible and present. The difference between a constraint and risk is that a risk is problem that is not yet seen, or a potential problem.
Transaction is bank risk
Evaluate the risk that each hazard represents
Mitigation strategies refer to actions taken to reduce or prevent the impact of a potential threat or risk. These strategies are designed to lessen the severity or likelihood of a negative event occurring. Examples of mitigation strategies include disaster preparedness plans, infrastructure improvements, and risk assessments.
To identify the risk ,to analyze it to determine the impact and set the mitigation to prevent or minimize the impact