Risk mitigation is defined as the process of reducing risk exposure and minimizing the likelihood of an incident.

What is risk mitigation examples?

Risk mitigation revolves around reducing the impact of potential risk. A jewelry store might mitigate the risk of theft, by having a security system or even a security guard at the entrance.

How do you use risk mitigation in a sentence?

A risk mitigation plan is determined for each identified performance risk; and time, cost, and responsibility is determined and documented. "TSA is very much involved in all risk mitigation plans with trains, metropolitan transit systems and ports, " he said.