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Benefit Types of Action A B C D Tolerate Treat Substitute Terminate The choice of the above will be decided upon by your risk appetite Monitor Report Use a standard format for capturing risk data e.g. a Risk Register Review all risks at least annually Serious risks to be reviewed more often depending on circumstances Report on risk to senior management / Board Make Risk Register available to stakeholders to show good governance There are multiple ways into which risks can be categorized...
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