Risk mitigant: Difference between revisions

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* [[Guarantee]]
* [[Guarantee]]
* [[Insurance]]
* [[Insurance]]
* [[Mitigant]]
* [[Redundancy]]
* [[Redundancy]]
* [[Risk]]
* [[Risk mitigation]]
* [[Risk mitigation]]
* [[Risk response]]
* [[Supply chain]]
* [[Supply chain]]



Latest revision as of 18:33, 13 March 2023

Risk management - risk mitigation.

A risk mitigant is a structure or an action that reduces the potential impact of a risk.

Examples include collateral, guarantees, insurance and incorporating additional redundancy into operational processes.


We need better risk mitigants
"... we need to plan for the bad times as well as the good.
This means more and better stress testing, more scenario planning, understanding the points of weakness in our supply chains and developing better risk mitigants.
Certainly, construction costs have increased in recent months – the debate now is how much is transitory and how much is permanent.
What is the trade-off of embedding more redundancy in our processes?"
The Treasurer, November 2021 - Issue 4, 2021, p15 - Ian Chisholm, Group Treasurer, Grosvenor


See also