Address Identified Risks
CataloguedImplement a risk treatment plan to address the risks identified during the assessment phase, avoid their occurrence and/or minimise their impact. Evaluate the different options available to reduce the exposure to the identified risks, based on the risk appetite of an organisation, the accepted level of tolerance and the cost of treatment.
Address Identified Risks sits under Risk Management in the Business domain of the Luminid skills catalogue.
Also known as
- address risk exposure
- addressing identified risks
- implement risk controls
- manage identified risks
- manage risk treatment
- mitigate identified risks
- reduce risk exposure
- risk control implementation
- risk mitigation
- risk remediation
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