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2. What is the first step in the risk management (RM) process?
(1) Assess hazards (2) Develop controls and make risk decisions ** (3) Identify hazards (4) Implement controls
More test answers on https://studyhippo.com/risk-management-basic-course-q-a-2017/
What is insufficient risk management?
the failure to proactively assess and control the things that might go wrong with a project
More test answers on https://studyhippo.com/it-project-management-infamous-failures-classic-mistakes-and-best-practices/
Which tier of Risk Management is associated with Enterprise Architecture?
Tier 2 Mission (Business Process)
More test answers on https://studyhippo.com/fedvte-cyber-risk-management-for-technicians/
The Microsoft Risk Management Approach includes four phases. Which of the following is NOT one of them?
1. What are the five steps to Operational Risk Management (ORM) and give example of one?
a. Identifying Hazards, b. Assessing Hazards, c. Make Risk Decisions, d. Implement Controls, e.Supervise / Watch for Changes
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_____ involves deciding how to approach and plan the risk management activities for the project.
Planning risk management
More test answers on https://studyhippo.com/project-management-chapter-11/
Which of these is NOT a legal entity for selling life insurance in Florida? Independent agency system Risk management advisers Career agency system Personal producing general agency
Which of the following is the first step in risk management?
What are the six process for Project Risk Management?
Plan Risk Management, Identify Risks, Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, Plan Risk Responses, Control Risks
More test answers on https://studyhippo.com/chapter-11-project-risk-management/
Which one of the following is the goal of enterprise-wide risk management (ERM)? Choose one answer. A. Coordinate loss reduction efforts B. Reduce risk management costs C. Decentralize control of business decisions D. Maximize the organization’s value
D. Maximize the organization’s value
More test answers on https://studyhippo.com/cpcu-500/
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