A-Z Popular Blog Projects Search »
Project Management
Related Guides
Project Management

4 Examples of Risk Avoidance

 , December 07, 2015
Risk avoidance is a risk treatment that avoids, sidesteps or discontinues the actions that trigger a particular risk. The following are a few examples:

1. Business Strategy

A bank considers expanding its products to include financial derivatives. After completing a business plan, the bank determines that the plan is risky and decides not to pursue the strategy.

2. Investing

An investment adviser recommends a stock to a client. The client reads the company's most recent financial report and finds it's a complex business with difficult to understand risk factors and decides against the investment.

3. Health & Safety

A company shuts down a construction site in bad weather to avoid the risk that someone will get hurt.

4. Information Security

A retailer discontinues collection of personal data such as customer's ages and telephone numbers to avoid the risk that such data would be stolen in an information security incident.
Overview: Risk Avoidance
DefinitionChoosing to avoid actions that trigger a risk.
Risk TreatmentsAvoid

Project Management

This is the complete list of articles we have written about project management.
Acceptance Criteria
Acceptance Testing
Basis Of Estimate
Behavioral Requirements
Change Control
Change Control Board
Change Fatigue
Change Request
Concept Note
Cone Of Uncertainty
Corrective Action
Cost Baseline
Cost Contingency
Cost Control
Cost Overrun
Cost Variance
Defect Density
Document Control
Earned Value
Estimate At Completion
Estimate To Complete
Feasibility Analysis
Fudge Factor
Full-Time Equivalent
Human Factors
Issue Management
Lead Time
Lessons Learned
Level Of Effort
Opportunity Study
Out Of Scope
Parametric Estimate
Phased Implementation
Program Management
Project Artifacts
Project Charter
Project Communication
Project Complexity
Project Concept
Project Controls
Project Failure
Project Goals
Project Management
Project Metrics
Project Planning
Project Politics
Project Productivity
Project Proposal
Project Risk
Regression Testing
Requirements Quality
Return On Investment
Risk Register
Schedule Baseline
Schedule Chicken
Scope Baseline
Scope Creep
Set Up To Fail
Stakeholder Management
Statement Of Work
Story Points
Use Case
User Stories
If you enjoyed this page, please consider bookmarking Simplicable.

Project Risk

A guide to project risk.

Project Management Basics

A list of basic project management techniques.


A definition of workaround with examples.

Project Branding

A list of project branding techniques.

Stakeholder Management

A definition of project stakeholder management with examples.

Action Plan

A definition of action plan with examples.

Cost Overrun

The primary types of cost overrun.

Document Control

The definition of document control with examples.

Project Oversight

A guide to project oversight.

Design-Driven Development

A definition of design driven development with examples.

Project Risk

A list of common project risks.

Project Stakeholder

A list of common project stakeholders.

Business Risks

A list of common business risks.

Risk vs Issue

The difference between a risk and an issue.

Risk Treatment

The four things that can be done about risk.

Secondary Risk

The definition of secondary risk with examples.

Risk Register

A guide to creating a risk register with an example.

Risk Perception

A definition of risk perception with examples.


The common types of implementation.

Project Risk Management

A reasonably complete guide to project risk management.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map