Q2 Risk Defined Terms Quiz
Q1 Risk What is Risk Assessment Quiz
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The goal of risk assessment is to eliminate risk.CorrectIncorrect
Risk is defined in Q1 as a situation or circumstance that has both a likelihood of occurring and probability of __________ consequence.CorrectIncorrect
The risk assessment process is a structured way to figure out whether the way you are operating is appropriate, or if there are other things you should or should not be doing that ___________ risks to reasonable levels.CorrectIncorrect
Contingency Planning and Management of Change are not a part of the Risk Assessment section of Q1 but they are closely related and integral to the risk assessment process.CorrectIncorrect
This course follows the flow of the risk analysis process. Place the risk assessment steps below in the correct order.
Develop contingency plans
Develop risk mitigation plans
Rank risks post-mitigation
Develop management of change plans
Rank risks pre-mitigation