delegation of authority to manage risks
Delegation of authority to manage risks refers to the act of granting individuals or teams the power and responsibility to identify, assess, and control potential risks within an organization or project.
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Related Concepts (1)
Similar Concepts
- delegating authority
- delegating authority and responsibility
- delegating risk management tasks
- delegating the implementation of risk mitigation measures
- delegation and risk management
- delegation in management
- delegation of authority
- delegation of authority and accountability
- delegation of decision-making authority
- delegation of responsibility
- delegation of risk assessment and analysis
- delegation of risk contingency planning
- delegation of risk management responsibility
- delegation of risk monitoring and control
- empowering employees to manage risks