Risk Management Alternatives Development
Process of systematically examining risks to develop a range of options and their anticipated effects for decision makers.
Sample Usage: After completing the risk management alternatives development step, the analysis team presented a list of risk management options.
Annotation: The risk management alternatives development step of the risk management process generates options for decision makers to consider before deciding on which option to implement.
Source: DHS Risk Lexicon, U.S. Department of Homeland Security, 2010 Edition. September 2010 Regulatory Guidance