Risk Reduction Framework

A Risk Reduction Framework is a systematic approach to identifying, assessing, and minimizing risks that could impact an organization or project. It involves understanding potential hazards, evaluating their likelihood and impact, and implementing strategies—such as policies, processes, or controls—to prevent or reduce the severity of issues. The goal is to protect resources, maintain safety, and ensure continuity by proactively managing uncertainties, rather than just reacting to problems after they occur. This structured method helps organizations make informed decisions and improve resilience against risks.