MANAGE RISK Work Guidance | Documents and Forms | Manuals

MANAGE RISK Work Guidance

MANAGE RISK Work Guidance WX-PSMRM-5 Instant Download Price
In Stock
$ 80.00 USD
wigstrom
Buy and Download Description

In ideal risk management, a prioritization process is followed whereby the risks with the greatest loss (or impact) and the greatest probability of occurring are handled first, and risks with lower probability of occurrence and lower loss are handled in descending order. In practice the process of assessing overall risk can be difficult, and balancing resources used to mitigate between risks with a high probability of occurrence but lower loss versus a risk with high loss but lower probability of occurrence can often be mishandled.

In ideal risk management, a prioritization process is followed whereby the risks with the greatest loss (or impact) and the greatest probability of occurring are handled first, and risks with lower probability of occurrence and lower loss are handled
Recent Reviews Be the first to Review this product!
0 0 0 0 reviews