Question

Difference between avoiding risk and accepting risk in project management

Answer 1

Explanation:

Even though the Committee is not currently proposing capital charges specifically for interest rate risk, all banks should

Answer 2

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What is the difference between avoiding a risk and accepting a risk?

Avoiding a risk is changing the project plan in advance so as to eliminate specific risks from occurring while accepting a risk means no preventive action is taken; contingency plans may be used if the risk