Risk Management - is this example of Avoid risk or Mitigate Risk
Submitted by Sbipin81 on Tue, 02/10/2015 - 12:41
This is from Andy Crowe - it states that " if you were concerned about risk of weather damage to a construction project, you might choose to construct building outside of the rainy season" as an exmaple of mitigate risk.
However the description it says " Mitigating a risk simply means to make it less"
I feel the risk is avoided here and not mitigated. If anyone has a different view, please help me understand.
Thx
Shekhar
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coolpmp69
Tue, 02/10/2015 - 13:57
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In my understanding this is
In my understanding this is 'avoiding' the risk as you are avoiding the construction in the rainy season.