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Video: What is the Right Risk Control Balance? (3)

Why This Matters: A critical question in every project is what is the risk balance between risk and control. Too much risk, the objective won’t be achieved. Too little risk, the objective will be reached easily. Too much control, the objective is reached but at high costs. Too little control, the objective won’t be achieved.

Project Question: What does the right risk control balance mean to you? How much residual risk would you accept?