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CONTENTS 01 02 03 04 05 06 07 08 09 10OVERVIEW OBJECTIVES METHODOLOGY IMPORTANCE OF TRAINING OPENING CEREMONY PROJECT PRESENTATION LEGAL FRAMEWORK IN MOZAMBIQUE LEGAL FRAMEWORK IN BRAZIL INCLUSIVE
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Identify all potential risks and uncertainties related to the project or situation.
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Assess the likelihood and impact of each risk or uncertainty.
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Understanding risks and uncertainties involves identifying, assessing, and prioritizing potential events or situations that could have an impact on objectives. It helps organizations make informed decisions by evaluating the likelihood and consequences of various risks.
Organizations that are subject to regulatory requirements or that operate in high-risk industries are typically required to file understanding risks and uncertainties. This may include companies in finance, healthcare, and environmental sectors.
To fill out the understanding risks and uncertainties document, organizations should compile information on identified risks, assess their potential impact, and evaluate the likelihood of occurrence. This includes providing detailed descriptions, mitigating strategies, and monitoring plans.
The purpose of understanding risks and uncertainties is to enable organizations to anticipate potential challenges, implement effective risk management strategies, ensure compliance with regulations, and protect stakeholders' interests.
The information reported should include a description of identified risks, their potential impact, the assessment of likelihood, the mitigation strategies in place, and monitoring mechanisms to track the effectiveness of these strategies.
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