The process of risk management generally consists of three steps. Does the following statement describe the process of risk identification, risk measurement, the selection of a risk management method, or none of these? “Determines (1) the method that wi

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09.07.2022 - 13:00

The process of risk management generally consists of three steps. Does the following statement describe the process of risk identification, risk measurement, the selection of a risk management method, or none of these? “Determines (1) the method that wi

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The process of risk management generally consists of three steps. Does the following statement describe the process of risk identification, risk measurement, the selection of a risk management method, or none of these?

‘Determines (1) the method that will manage a specific risk, that is, identify whether it will be avoided, reduced, or accepted, and (2) the risk management device that will be applied to the threat.’

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Irene April 1, 2023 в 09:32

The statement describes the step of selecting a risk management method. It outlines the process of determining the method to manage a specific risk, whether it will be avoided, reduced or accepted, and the device that will be applied to the threat. This step comes after the identification and measurement of risks.

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