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Risk identification

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                Risk identification :- Risk identification is the process of identifying potential risks that may impact a project, organization, or any other endeavor. It involves systematically identifying, analyzing,  and documenting potential risks in order to develop effective risk management strategies.  Here are some steps and techniques commonly used in risk identification:- 1. Brainstorming: Gather a diverse group of stakeholders and encourage them to generate as many potential risks as possible. This can be done through facilitated sessions or individual contributions. 2. Documentation Review: Review relevant documents such as project plans, requirements, contracts, and previous risk registers to identify potential risks and lessons learned from past experiences. 3. SWOT Analysis: Conduct a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to identify internal and external factors that may pose risks to the project...
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Risk assessment

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           *Define The Risk Assessment:- Risk assessment is the process of evaluating and analyzing potential risks and hazards associated with a particular situation, activity, or project. It involves identifying potential risks, assessing their likelihood and potential impact, and implementing strategies to mitigate or manage those risks. The goal of risk assessment is to provide a systematic approach to understanding and addressing potential risks, thereby reducing the likelihood of negative events and their potential consequences. It is commonly used in various fields, including business, finance, engineering, healthcare, and environmental management.         There are several types of risk assessments that can be performed depending on the context and objectives. Here are some common types of risk assessments:-                1. Preliminary Risk Assessment: This is an initial assessment c...
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Define The Public Finance.

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