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    « Reporting | Main | Risk »
    Sunday
    Dec072008

    Residual Risk

    DateSunday, December 7, 2008 at 08:48AM

    The remaining risk after management has taken action to alter the risk’s likelihood or impact.

    Source : COSO Integrated Risk Management Framework

    Risk remaining after risk treatment.

    Source : BS31100:2008 [ISO Guide 73, modified]

    AuthorAndrew Smart | CommentPost a Comment |
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