Examples of Risk mitigation plan in a sentence
Risk mitigation plan means the document that records the risk mitigation planning process.
Risk mitigation plan: A plan, based on a proper risk assessment, to systematically reduce the extent of exposure to a risk and/or the likelihood of its occurrence (vulnerability of the organization to that risk).
Analyzing documents of mentioned case has revealed some differences: 1- Communication Plan & Strategy and Risk mitigation plan are different in detail.
Risk mitigation plan approvedQuotes for supply under competitive tender.The use of scaling laws to estimate costs is not acceptable at this stage.Detailed Design Phase.
Risk mitigation plan has to be monitored with timelines and MIS format for reporting should be included.1, 2LowImplementing agency to take a stand to either accept risk or devise mitigation plan.