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A residual risk is the remains of a risk on which a response has been performed.

As part of CRM, you are managing some risk, for which you will have some risk response or strategy. A residual risk is the reminder of the risk that remains after you have implemented a risk response.

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Q: What does residual risk mean in the CRM process?
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What the term residual risk mean in the CRM process?

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What does term residual risk mean in crm process?

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