Work Product Descriptor: Risk Mitigation Plan Definition
Relationships
RolesResponsible: Modified By:
Input ToMandatory: Optional:
  • None
External:
  • None
Output From
Main Description
Definition of the Risk Mitigation plans required to be implemented to minimize exposures and vulnerabilities.
Properties
Optional
Planned
Key Considerations

Example of risk mitigation include:

  • Accept (as is)
  • Mitigate/Reduce (accept and take some action on downside)
  • Exploit (accept and take some action to capture upside)
  • Transfer/Share (includes insure, contract, and such)
  • Avoid (change business action to remove exposure to a risk)

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