BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What assess the risk and your plans for risk mitigation and revise these when you learn more about the risk?
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Risk monitoring
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Risk planning
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Risk analysis
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Risk identification
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Explanation:
Detailed explanation-1: -Risk Analysis is a proven way of identifying and assessing factors that could negatively affect the success of a business or project. It allows you to examine the risks that you or your organization face, and helps you decide whether or not to move forward with a decision.
Detailed explanation-2: -Risk Management Process. Managing risks on projects is a process that includes risk assessment and a mitigation strategy for those risks. Risk assessment includes both the identification of potential risk and the evaluation of the potential impact of the risk.
There is 1 question to complete.