Term
The degree of risk associated with an even is determined by the _______________ of the event occurring, the ____________ if the event were to occur, and its_____.
Fill in the blanks to complete the sentence |
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Definition
| Probability , impact, timing (timeframe) |
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Term
2. _____________involves consideration of the sources of risk, their positive and negative consequences, and the likelihood that those consequences may occur.
Fill in the blanks to complete the sentence |
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Definition
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Term
The purpose of _______________is to make decisions based on the risk analysis about which risks need to be addressed, and the associated
priorities.
Fill in the blanks to complete the sentence. |
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Definition
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Term
When identifying options for treating risks with negative outcomes, the
options include: |
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Definition
Answer:
1. Reducing
2. Avoiding
3. Transferring
4. Accepting |
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