What is the purpose of the RM What is the purpose of the RM step Develop Controls and Make Risk Decisions?

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2026-08-26 07:25

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The purpose of the "Develop Controls and Make Risk Decisions" step in Risk Management (RM) is to identify and implement strategies that mitigate identified risks while balancing potential impacts on objectives and resources. This step involves evaluating the effectiveness of existing controls, determining necessary enhancements, and making informed decisions about accepting, transferring, avoiding, or mitigating risks. Ultimately, it aims to ensure that risk management efforts align with organizational goals and enhance overall resilience.

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