The 4 Primary Risk Mitigation Strategies – (PMBOK) 7th Edition
According to the Project Management Body of Knowledge (PMBOK) 7th edition, there are four primary risk response strategies, also known as risk mitigation strategies. These strategies are used to address identified risks within a project or organizational context. They include: 1. Avoidance: The avoidance strategy aims to eliminate the risk or prevent it from occurring […]
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