IDD Services  >  Risk Management
Risk Management
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Risk is the probability that an action or event with a negative impact to your project occurs. Risk management enables you to control the risk and consequences if a negative event occurs. An effective plan can eliminate or reduce risks.

Our risk management service comprises:

  • Risk planning
  • Risk assessment
  • Risk handling
  • Risk monitoring

During the risk planning phase, plans are developed for risk identification and tracking, risk migration and risk assessment. The risk assessment includes the risk identification as well as qualitative and quantitative risk analysis. Risk handling means to identify strategies to reduce the impact of risk areas. The risk handling actions are tracked and evaluated during the risk monitoring task.