address identified risks
Implement 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.
Also called: treat risks, addressing identified risks, manage risk treatment
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Essential for
1Useful for
1Definition from ESCO, published by the European Commission. Source concept
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