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Descriptions and Definitions of Quality Terms, Tools and Techniques
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Descriptions and Definitions of Quality Terms, Tools and Techniques |
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Risk Reduction LeverageA problem when you have a number of possible countermeasures for risks is that it can be difficult to decide which should be implemented. Risk Reduction Leverage is a simple calculation that gives a numeric value to a countermeasure, enabling different countermeasures to be compared. Risk Reduction Leverage of any given countermeasure = Change in Risk Exposure / cost to implement countermeasure See also:Risk management, PDPC |
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