What is a risk register?
A risk register is a document that acts as a repository of all identified risks. It also contains additional information about each risk, e.g. the category of the risk, name and a brief description of the risk, probability that the risk can occur, impact of the risk, mitigation steps, etc. A risk register is used as a risk management tool and it helps in fulfilling regulatory compliances.
In this article, we will discuss:
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What is a risk register?
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What information does a risk register contain?
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Qualitative Risk Analysis vs Quantitative Risk Analysis
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