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Risk planning is the process of identifying, assessing, and prioritizing potential risks that could impact a project or organization, followed by the development of strategies to mitigate or manage these risks. It involves creating a risk management plan that outlines how risks will be monitored and controlled throughout the project lifecycle. Effective risk planning helps ensure that potential issues are addressed proactively, minimizing their impact on objectives and outcomes.

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AnswerBot

1w ago

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