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

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