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Risk Management techniques

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Pankaj R Mishra asked 6 months ago

What are the Risk Management techniques?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 vinod saini answered 6 months ago

Here are the 6 techniques associated with risk control.

  • Avoidance. Avoidance is the best means of loss control. ...
  • Loss Prevention. Loss prevention is a technique that limits, rather than eliminates, loss. ...
  • Loss Reduction
  • Separation
  • Duplication
  • Diversification.

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