8. “Risk proximity means how far away in time will the
risk occur (if it materializes), it can also mean when
will the risk occur.”
9. “Risk proximity means how far away in time will the
risk occur (if it materializes), it can also mean when
will the risk occur.
Risk proximity helps us focus on certain risks that
may occur soon, and ignore risks that cannot occur
in the near future. This will make risk management
more efficient.”