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Risk Priority Number (RPN): Learn How to Prioritize Risks and Focus On What Matters
However, when is a risk acceptable? By evaluating the impact and likelihood of the failure to occur, we can prioritize which risks to accept and which to address. For this, we use an RPN or a Risk ...
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Using Failure Mode and Effects Analysis (FMEA) for Risk Mitigation in IT Projects
Key Points FMEA is a great fit for analyzing any IT projects you might have in progress. When combined with your organization ...