Acceptance
Choosing to live with a risk because mitigation costs more than the impact.
Acceptance is one of the four risk responses (alongside mitigate, transfer, and avoid), chosen when the cost or friction of treatment exceeds the expected loss. The key is that it’s a deliberate, documented decision — with a named risk owner, a rationale, and a review date — not a gap nobody noticed. Acceptance is legitimate; ignorance is not.
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