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These 8 Risk Domains Are the Meat and Potatoes of Risk Management 

MHA Consulting

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains.

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Risk Management Process – Part 3c: Risk Control

Zerto

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

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Business Continuity and Risk Management

BCP Builder

Enterprise Risk Management When it comes to Business Continuity and Risk Management – Risk is in the driving seat. Business Continuity as part of an overall Operational Resilience program is the mitigation of risk. This allows them to proactively develop pragmatic strategies to mitigate the risk.