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The purpose of the mitigation plan is to describe how this particular risk will be handled – what, when, by whom and how will it be done to avoid it or minimize consequences if it becomes a liability. Summarizing planned and faced risks, effectiveness of mitigation activities, and effort spent for the risk management.
A risk management plan is a document that a project manager prepares to foresee risks, estimate impacts, and define responses to risks. It also contains a risk assessment matrix. According to the Project Management Institute, a risk management plan is a "component of the project, program, or portfolio management plan that describes how risk ...
Environmental mitigation refers to the process by which measures to avoid, minimise, or compensate for adverse impacts on the environment are applied. [1] In the context of planning processes like Environmental Impact Assessments, this process is often guided by applying conceptual frameworks like the "mitigation hierarchy" or "mitigation ...
An environmental impact statement (EIS), under United States environmental law, is a document required by the 1969 National Environmental Policy Act (NEPA) for certain actions "significantly affecting the quality of the human environment". [1] An EIS is a tool for decision making. It describes the positive and negative environmental effects of ...
The Sendai Framework for Disaster Risk Reduction is an international initiative that has helped 123 countries adopt both federal and local DRR strategies (as of 2022). [6] The International Day for Disaster Risk Reduction, on October 13 every year, has helped increase the visibility of DRR.
The Risk Score[1] (or Risk Rating) is the multiplication of Probability and Impact and is often used to rank the risks. Common mitigation steps (e.g. within IT projects) are Identify, Analyze, Plan Response, Monitor and Control. The risk register is called " qualitative if the probabilities are estimated by ranking them, as "high" to "low" impact.
A Local Mitigation Strategy ( LMS) or Local Hazard Mitigation Plan ( HMP) is a local government plan (in the United States, typically implemented at a county level), that is designed to reduce or eliminate risks to people and property from natural and man-made hazards. Mitigation strategies are supported by state government and federal programs ...
Climate change adaptation is the process of adjusting to the effects of climate change. These can be both current or expected impacts. [1] Adaptation aims to moderate or avoid harm for people, and is usually done alongside climate change mitigation. It also aims to exploit opportunities.