Chapter 17
The Leftovers and the Latecomers
This chapter covers the following subjects:
Monitoring and controlling risks is a basic process step in risk management. But it takes on a different dimension when it comes to the risks that an organization accepts over time, and the risks that have been generated by the project approach and by the risk approach.
Residual risks (the leftovers) were discussed in depth in Chapter 15, “Response Implementation.” These are the risks that are to be absorbed by the producing organization by virtue of inaction or by a conscious decision to accept a certain level of threat without full coverage. Sometimes, the outcome of a risk event is ...
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