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What are some risk mitigation strategies in the pricing role A risk response strategy outlines both the mitigation and contingency risk plans and forms a key component of the overall risk management
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01
Identify the potential risks associated with the specific task or activity.
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Evaluate the likelihood and impact of each risk occurring.
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Develop a risk management plan to mitigate or eliminate the identified risks.
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Communicate the risks and mitigation strategies to relevant stakeholders.
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Monitor and review the effectiveness of the risk management plan regularly.

Who needs what are some risk?

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Anyone involved in a project or activity that has the potential to be impacted by risks needs to identify and assess these risks.
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Risk managers, project managers, and team leaders can benefit from understanding and addressing potential risks to ensure successful outcomes.

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