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A Systematic Approach to Risk Mitigation

  • Anand Tamboli
Chapter

Abstract

Risk mitigation is not an easy task; instead, it is even harder if there is no quantifiable measure attached to it. In this chapter, we will discuss a systematic approach to risk mitigation. There are four types of risk mitigation strategies one could use, namely, risk avoidance, acceptance, transference, and risk control or reduction.

Copyright information

© Anand Tamboli 2019

Authors and Affiliations

  • Anand Tamboli
    • 1
  1. 1.New South WalesAustralia

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