BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Quadrant 2
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Quadrant 3
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Quadrant 4
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Detailed explanation-1: -High Level Risk Assessment simply considers the event as probable, without going into detail on what countermeasures are already in place or what vulnerabilities are present.
Detailed explanation-2: -How to Analyze Project Risks. At a basic level, there are three things you should consider when assessing project risks: risk probability, risk impact and risk exposure.
Detailed explanation-3: -Probability/consequence matrix The probability/consequence matrix method is a prominent method of assessing risk severity when conducting a qualitative risk analysis, and it can assess risks at all levels of the company.
Detailed explanation-4: -Qualitative Risk Assessment The qualitative risk assessment is the most common form of risk assessment.