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Risk Management

Management Consulting | ABM VIP Consulting® | Globally

Risk Management Article Image

ABM VIP Consulting® develops Risk Management complex programs.

Risk Management can be considered as the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.

Risk Management is an integral part of Project Management.

The strategies to manage risk include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk.

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