Act of mitigating a known risk to a lower level of risk.
Act of mitigating a known risk to a lower level of risk.
Risk reduction refers to the act of mitigating a known risk to a lower level of risk by taking specific actions. This distinguishes it from risk evaluation and risk mitigation. Risk evaluation is the process of assessing the levels of risk, while risk mitigation involves selecting and implementing measures to manage risk. However, risk reduction specifically pertains to the actions taken to decrease the level of risk.
based on 4.2: Risk reduction is the act of mitigating a known risk that is deemed to be too high to a lower
Question 97 is the exact same question as question 87. However Question 97 has the answer A) Risk Reduction, while question 87) has the answer B) Risk Mitigation. 1) Which answer is CORRECT? 2) Where in the 94 page API code 580 can I find the answer? Hopefully, someone out there can answer the question. If so, please E-mail me at 1956Bob at <a href="/cdn-cgi/l/email-protection" class="__cf_email__" data-cfemail="86e0e9fee0e9f1eac6eee9f2ebe7efeaa8e5e9eb">[email protected]</a>
3.1.56 defines risk reduction as the actions taken, whereas risk mitigation is the selection and implementation of measures in 3.1.55. It is tricky, but it seems API intends mitigation as a bound labeling the chosen act and reduction as taking the act.