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Lecture notes

Managing and mitigating risk.

Understand the definitions of risk from various viewpoints Explain the impact of risk at events examine The perception of risk amongst customers and their tolerances Understand culps 5 point risk framework DISCUSS The importance of creating a risk analysis and a risk matrix identify the differences between mitigation, acceptance, transference and avoidance of risk. Examine case studies from real incidents AND IDENTIFY HOW THE RISKS COULD HAVE BEEN MANAGED.

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