21.3 – Planning Risk Management

21.3 – Planning Risk Management
Planning Risk management No organization can probably eliminate all the financial, physical or material threats that might come across in a given project or plan. Nonetheless, these threats can be reduced  with proper planning. A good risk management plan assists you to have clarity on potential threats before they become real issues, to cost you time and money by disrupting your business operations. Risk management plans contain methods or analysis tools that let you reduce, delay or evade potential risks.         Prepare a list of all potential threats, even the minutest information. As easy as this reads,…
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