Risk Transfer for Risk Mitigation

Risk Transfer

Risk Transfer is referring to the transferring of risk. When mitigating risk, we are looking for ways to deal with the risk that is presented to us. Transferring risk is …

Avoidance mitigation risk

Risk Avoidance

Avoidance refers to avoiding the risk that is found altogether. When mitigating risk, there are four strategies used, one of them being avoidance. Avoidance is to avoid the risk altogether; …