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Critical Success Factors for Effective Risk Management

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Two-dimensional riskUncertainty estimated as “probability”“Impact” assessed against objectivesBut what kind of impact?Could be either positive or negativeUncertainty that helps as well as uncertaintythat harmsOpportunities as well as threats© 2004 David Hillson/<strong>Risk</strong> Doctor LimitedRD/APM-IRM/5Feb04/10

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