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RISK BASED PROBLEM SOLVING AND DECISION MAKING
RISK TAXONOMIES
ISO 31000 RISK MANAGEMENT FRAMEWORK
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Video: What are RBDM Assumptions?

Why This Matters: Risk based, problem-solving and risk based, decision-making involve making the best decisions based on reasonable assurance and imperfect information. In other words, RBPS and RBDM are not perfect. However, following a standardized risk management framework is one of the best ways of achieving project results and objectives.

Project Question: Can you think of any other assumptions underlying RBDM?