Wednesday 21 March 2012

Risk response

The purpose of defining a accident acknowledgment is to accompany accident in band with the all-embracing authentic accident appetence of the alignment afterwards accident analysis: i.e. the balance accident should be aural the accident altruism limits.

The accident can be managed according four capital action (or a aggregate of them):

Accident avoidance, departure the activities that accord acceleration to the risk

Accident mitigation, adopting measures to detect, abate the abundance and/or appulse of the risk

Accident transfer, appointment to others allotment of the risk, by outsourcing alarming activities or by insurance

Accident acceptance: advisedly active the accident that has been identified, accurate and measured.

Key accident indicators are metrics able of assuming that the organizaztion is accountable or has a top anticipation of getting accountable to a accident that exceeds the authentic accident appetite.

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