What is Risk Mitigation and Risk Contingency plans? Please
explain in details with examples.
Answer Posted / alexey kalashnikov
M. is your action to prevent risk before it happens when C.
is your action to cure risk after it happens. M. makes
budget bigger as you include cost of risk that didn't
happen and may not happen. C. makes budget smaller but may
increse it after and if risk happens.
Is This Answer Correct ? | 59 Yes | 15 No |
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