Risk mitigation strategies
0:13
YouTubeInstitute of Project Management
Risk mitigation strategies
Risk mitigation strategies are proactive actions taken to reduce the likelihood or impact of identified risks. These strategies aim to minimize potential harm, prevent negative events from occurring, or minimize their consequences. Here are some common risk mitigation strategies: 1. Prevention: Implement measures to eliminate or reduce the ...
5.1K viewsMay 30, 2023
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Here are 6 of the best ways to reduce your risk: 1. Use a signal-blocking pouch (Faraday pouch) to stop thieves from amplifying your key fob signal. 2. Fit a steering wheel lock, it's old school, but still a strong deterrent. 3. Install a tracking device 9 so your car can be located quickly if stolen. 4. Add extra immobilisers or ghost systems that stop the engine from starting without proper authorisation. 5. Park smart... well-lit, secure areas whenever possible. 6. Upgrade locks & alarms to h
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