The Six Risk Controls | RR Virtual Fence

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  • The Six Risk Controls

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SIX RISK CONTROLS describe what an alternative is doing from a risk management standpoint: avoid, reduce probability, reduce consequence, transfer, increase capacity to bear, and accept. Two alternatives that look similar on cost can be doing entirely different risk work. Accepting a risk and proceeding without additional control is one of the six rather than an absence of management. Naming the control makes the comparison between alternatives legible …

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