Flashcard Set Preview
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| 1 |
What is the difference and similarities between brainstorming and the Delphi techniques to...
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Both techniques require people to identify the risks and once identified further analysis is...
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| 2 |
What does the urgency of the risk mean?
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Urgency determines when or how soon the risk could occur.
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| 3 |
What are the strategies for positive opportunities or risks?
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Exploitation: increases chances of making the opportunity happen and it helps eliminate...
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What are risk watchlists?
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Allow for monitoring of lower-priority risks and watch the triggers to assess if risk should...
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What is the key difference between the qualitative and quantitative risk analysis processes?
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Qualitative is based on expert opinion and is very subjective in nature.Quantitative is based...
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