Diversified Technique

Diversified Technique is a risk management strategy used in investing and project planning. It involves spreading investments or resources across various assets, industries, or methods to reduce the impact of poor performance in any one area. By diversifying, you avoid putting all your eggs in one basket, which helps protect against significant losses if a particular asset or sector doesn't perform well. This approach aims for a more stable overall outcome by balancing potential gains and risks across a broader spectrum.