RISK REDUCTION

Risk Management and Decision Making Glossary

Risk Management and Decision Making — Risk Reduction

 

 

 

 

 

 

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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: 
 
  • risk treatment
  • risk avoidance
  • risk transfer
  • risk acceptance
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