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Risk Management Questions and Answers (Q&A)

E. Stanley, Technical writer
Answered: Oct 09, 2018
There are different risks that should be thought about when learning about risk management but according to Maylor, the traditional core risks is the one in letter A. The cost of the items will...Read More

3 Answers

411 views
John Smith
Answered: May 31, 2020
Failing to manage risk will result in more problems, higher benefits and a higher chance of project success.

1 Answer

322 views
C. Block, English Professor
Answered: Jan 03, 2019
Risk management is central to all insurance. If an individual insuring himself, his family or his possessions, wishes to reduce the premium he pays for the peace of mind that insurance brings, he...Read More

2 Answers

268 views
E.Ruth
Answered: Feb 19, 2018
A. Properly plan on thoroughly thinking through events and activities Company events and activities pose a certain amount of liability and risk for your organization, thus careful planni...Read More

2 Answers

241 views
Informationsecurity
Answered: May 31, 2020
$150,000

The calculation is formally stated as: Single Loss Expectancy (from a particular type of security incident) x Annual Rate of Occurrence (if no further security controls are...Read More

1 Answer

238 views
John Smith
Answered: May 31, 2020
C. (threats x vulnerability x asset value) x control gap-residual risk is the amount of risk remaining after the countermeasure has been implemented. to figure out the actual resdidual risk, the...Read More

1 Answer

235 views
Cancheta
Answered: May 31, 2020
B. A risk causes a vulnerability that leads to a threat and cause an exposure

A compnay may identify a vulnerability, which is a weakness or a lack of a safeguard. Then they need to...Read More

1 Answer

222 views
John Adney
Answered: Nov 08, 2017

A. A condition with the potential to cause personal injury or death, property damage or mission degradation

2 Answers

221 views
Mandawoon
Answered: May 31, 2020
An agent has certain rights against the principle. They are remuneration, lien, indemnity

1 Answer

218 views
Informationsecurity
Answered: May 31, 2020
Yes

The cost of the new security controls is less than the estimated risk, so these controls are appropriate.

1 Answer

216 views
Mandawoon
Answered: May 31, 2020
Loss must be catastrophic

1 Answer

215 views
Avdhesh R Kumar
Answered: Sep 06, 2017
B. Seems to be inacurate answer is we say "All the relevant vulnerabilities and threats are identified" its incorrect to say "All" only "the relevant vulnerabilities and threats are identified"...Read More

1 Answer

213 views
Mandawoon
Answered: May 31, 2020
The credibility of arbitration may be undermined if proceedings are conducted in a unbiased manner

1 Answer

212 views
John Adney
Answered: Mar 23, 2017
True as he is the risk champion,who is responsible that the application is done correctly.

2 Answers

211 views
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