Mitigating Risk

[Skean Dhude]

Mitigating risk in our area is all about reducing your exposure to anything that will impact on your and yours life and health.

It isn't just about not doing things but changing how you do things to reduce risk. Looking at what you are trying to do and seeing if there is another, less risky way.

It is usually worded Avoid, Transfer, Mitigate and Accept.
Avoid. Is what you are doing when you don't go out on a Friday.
Transfer. Is to move the risk to someone else. You send someone else out on the Friday.
Mitigate. Is to reduce the risk. Go out on the Friday but only in a big car and use quiet roads and shops.
Accept. Fuck it. I really want to save that extra £2 in thes

In reality it boils down to Avoid, Transfer and Accept. Mitigate and accept are bedfellows. When you accept a risk you usually mitigate it as much as possible before you do so. That is why I link them into one, Mitigate and Accept.

All of these should be used depending on the risk and reward involved.

Avoid if the risks isn't worth the reward.
Transfer if someone has a different skillset or you don't care about them
Mitigate and Accept if you can reduce the risk to something worth the reward.