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Category: Technology
Word Count: 794
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Risk Management

Risk Management

What is risk?
A risk is an unwanted event that will produce negative effects. Some examples are like breakdown of a computer system, lost of information due to virus attack and system does not satisfy client’s specification.

Major Activities in managing risk.

1. Risk management can be divided into two phases.
2. These two phases are Risk Analysis Phase and Risk Management Phase.
3. These two phases are made up of several main activities.
4. Under risk analysis phase

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