Risk is inevitable. How do we measure it? What can we do to
mitigate risk? How...
80.2K
Verified Solution
Link Copied!
Question
General Management
Risk is inevitable. How do we measure it? What can we do tomitigate risk? How is inventory level a prospective risk? How areaccounts receivable a prospective risk
Answer & Explanation
Solved by verified expert
4.2 Ratings (754 Votes)
There are 4 ways to handle risk in a project Avoid Try to avoid risk at the most Usually risk has an adverse effect on the project Easiest way to handle a risk is to avoid it Mitigate If risk cant be avoided it must be mitigated ie must be addressed in a way that causes the least damage or loss to the project Transfer Risks can also
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
