Q2 Risk Defined Terms Quiz

The goal of risk assessment is to eliminate risk.

Risk is defined in Q1 as a situation or circumstance that has both a likelihood of occurring and probability of __________ consequence.

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.

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.

This course follows the flow of the risk analysis process. Place the risk assessment steps below in the correct order.