Risk Management

What are Risk Management benefits for organizations?

................. is the positive effect of uncertainly on objectives

Is Risk Management one Time task?

• Yes

• No

Is Risk Management mandatory for small organizations?

• Yes

• No

"Ongoing process of identifying risks and opportunities and implementing plans to address them" is the definition of:

• Risk and Opportunities

• Risk Management

• Risk Treatment

• Risk Monitoring

Risk Management program is similar for all organizations despite their size and activities

• Yes

• No

Risk Management increases the complexity of organization's processes and activities

• Yes

• No

All risks are bad and have negative impact on the organizations

• Yes

• No

The sequence of Risk Management Process

• Risk Assessment,Risk Analysis, Risk Mitigation, Risk Monitoring
• Risk Assessment,Risk Monitoring,Risk Analysis, Risk Mitigation,
• Risk Analysis,Risk Assessment, Risk Mitigation, Risk Monitoring
• Risk Analysis,Risk Assessment,Risk Monitoring, Risk Mitigation.

The four major risk management phases are _________ in order

• Risk Identification, Risk Impact analysis, Risk response, Risk Monitoring

• Risk Identification, Risk Analysis, Risk Monitoring, Risk Control

• Risk Identification, Risk Analysis, Risk response, Risk Monitoring

• Risk Identification, Risk Analysis, Risk response, Risk cost control