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What are the steps involved in risk component creation in velocity?

Posted on 11 February 2022 06:10 pm

The process starts with Velocity identifying the sources of risk components. It then evaluates and incorporates the risk component associated with the weight factor. In the next steps, Velocity examines the sources that are relevant to the risk component. It then tests the applicable components with the help of quantifiable methods. In the last step, Velocity interprets and reports the risk assessment results to the organization.