Risk Mitigation involves taking proactive steps to reduce the likelihood or impact of identified risks. It is not about eliminating risk entirely, but about managing it in a controlled and practical way. Mitigation strategies might include additional training, stronger communication, phased rollouts, or contingency planning.
The key is to match the mitigation effort to the level of risk. High-impact risks require clear ownership and active management. Without proper mitigation, small risks can quickly turn into major issues during implementation.
