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This lesson covers risk mitigation. Risks need to be managed in order to keep that at a level in which senior management of a company deems acceptable. Risk mitigation includes the following points: • Quantitative analysis leads to proper risk mitigation strategy • Reduce • Accept • Transfer • Avoidance • Rejection It is important to remember that it is rare for an organization to focus on eliminating risks, as this is very expensive and rarely successful. The instructor also offers a review of what was covered in previous units as a conclusion to the module.