How to Manage Unavoidable Risk

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Strategic Risk Management > Forum > How to Manage Unavoidable Risk

How to Manage Unavoidable Risk
Raymond LeMieux, United States, Member
Truly unavoidable risk can be managed only in a sense, the risk themselves are unavoidable. Therefore to manage them you mitigate the effects or potential effects, not the risk themselves. Contingency planning allows you accomplish just this.
 

   

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