|Overview: Risk Trigger|
|Definition||The root cause of a risk when it occurs.|
|Related Concepts||Risk Treatment|
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What is a Risk Trigger?
John Spacey, October 12, 2016
A risk trigger is an event or condition that causes a risk to occur. Risks are the potential for something to happen, usually something negative. A trigger is root cause of such events. For example, if you identify a risk that weather will close your business, an approaching hurricane may be the trigger that causes the risk to occur. In some cases, risk triggers are identified in advance as part of risk management. In other cases, the exact triggers of a risk may be unknown in advance. For example, an organization may be aware of reputational risks but may not be able to identify exact triggers such as a customer who posts a popular video of poor customer service.
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