Risk response Vs contingency

The actions we take proactively to reduce the probability or impact or both comes under risk response planning. For example – Building an earth quake resistant building in an earthquake prone area is part of risk response planning. The actions we do, when the risk really happens fall under risk contingency actions. Here is one…

https://www.linkedin.com/embed/feed/update/urn:li:ugcPost:6506266557130342400

 

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