The BRLs and Risk management

The level of risk is always high in a new innovation or venture.
Understanding what to do to minimise the risk of a new venture is vital in prevent problems. The BRL system can be used to benchmark the current level of progress in the venture – and help in defining what action can be taken to reduce the inherent risk.
Each of the BRL has a defined criteria, to diagnose easily, and a suggested next steps to press ahead to the next BRL.

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