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Funding for a risk mitigation plan

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Reference no: EM133144095

Chief Finance Officer, Armin ban Vuuren, feels mitigating risk is a wonderful approach but comes at a high cost. Capital spent on mitigating risk become funds unavailable for other business investments. So perhaps we need to look at the Business Impact Analysis (BIA). How would the BIA be key to obtain funding for a Risk Mitigation Plan? Find examples and best practices to obtain leadership approval for funding.

Reference no: EM133144095

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