Risk Management

5 hours 20 minutes

Video Description

This lesson offers an overview of risk response. This is used to determine risk strategies and evaluate their effectiveness to manage risk to a level in alignment with business objectives. This lesson covers risk response strategies and risk reduction via policies and technology. Risk reduction lessens the probability and/or impact of a risk event and is somethings called risk mitigation. The ultimate risk reduction is risk avoidance. Other ways to deal with risk are: - Risk transference - Risk acceptance - Risk mitigation through policies

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Risk Management

It is defined as the forecasting and evaluation of risks together with the identification of procedures to avoid or minimize their impact

Instructed By

Instructor Profile Image
Kelly Handerhan
Senior Instructor