What are two ways program risks can be categorized?

 Program risks can be categorized based on whether they are Deferred or Owned. A deferred risk is one that has been identified but is not being actively addressed at the moment, possibly due to prioritization of other risks or resource constraints. An owned risk is one that has been assigned to an individual or team who is responsible for managing and mitigating the risk. This categorization helps in tracking and accountability within the SAFe framework.