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Risk managment - Coggle Diagram
Risk managment
ISO principles
It must take into account human factors, including potential errors.
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After risk management process has been implemented,
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Risk sharing. distributed among several of
the project's participants or business departments. The risk could also be shared with business partner
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Risk retaining. Sometimes, companies decide a risk is worth it from a business standpoint, and
decide to retain the risk and deal with any potential fallout.
Main aim?
The ISO standards and others like it have been developed worldwide to help organizations systematically
implement risk management best practices. The ultimate goal for these standards is to establish common
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