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RISK RESPONSE PLAN
• Is a proactive effort to anticipate a risk and describe an
action plan to deal with it.
• An effective risk response plan can reduce the overall
impact by triggering timely and appropriate action.
• Monitor risk – this activity is on going throughout the risk
management process. It is important to conduct a
continouos tracking process that can identify new risks,
notice changes in existing risks, and update any other
areas of the risk management plan
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