RISK REDUCTION
Risk Management and Decision Making Glossary
Risk Management and Decision Making — Risk Reduction
Information on Risk Reduction
Risk reduction is used in risk management to describe
the application of appropriate techniques to reduce the likelihood of
an occurrence, its consequences, or both..
Along with risk avoidance,
risk acceptance and risk transfer, risk reduction is one
of the options for risk treatment.
Other topics in our resources on Risk Management and Decision Making related to Risk Reduction include:
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