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Title : Risk management and design controls
Company : SolidMasters
Date : 30-Dec-2011

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Risk Management is a practice with processes, methods, and tools for managing risks in a project, it encompasses identification, mitigation, and continuous tracking, and control procedures that feedback through the program assessment process to decision authorities focusing on building the right product, project performance, managing change, innovation, and uncertainty. It is intended to be a framework within which experience, insight, and judgment are applied to successfully manage risk. It is included in this article because of its effect on the design process.
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