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Also Known As A Risk Heat Chart Or Risk Matrix, It Shows Risk Likelihood On The Horizontal Axis (X) And Risk Impact On The Vertical Axis (Y).
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Web in risk management, a heat map is a kind of risk matrix where risks are ranked based on their potential impact and their likelihood of occurring, which allows you to prioritize the risks that pose the greatest threat. What sets heat maps apart is that the severity of each risk is indicated by color. Also, understand the limitations and pitfalls with a heat map to report of risks. Web 2.8k views 4 years ago legal risk management.
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