What is typically included in the activities of a Risk Mitigation Plan?

The activities within a Risk Mitigation Plan primarily focus on developing strategies to control, reduce, or avoid risks that could impact the success of a project or initiative. This involves assessing potential risks, determining their likelihood and impact, and outlining specific actions to address them. The objective is to create a structured approach to manage risks proactively, ensuring that any potential threats are minimized and that the project can proceed with a clearer understanding of manageable risks.

In contrast, identifying new business opportunities, conducting regular performance reviews of staff, and carrying out a financial assessment of rewards do not align directly with the core purpose of a Risk Mitigation Plan. While these activities might be relevant in a broader business context, including them in a risk mitigation strategy would deviate from the focused intent of managing and mitigating risks effectively. Thus, the emphasis on strategies for controlling or avoiding risks makes it the correct answer in this context.