Question: 6. Based on general risk management (RM) practices, RM is asking and answering six basic questions. Please order them?* 1 2 3 4 5 6

6. Based on general risk management (RM) practices, RM is "asking" and "answering" six basic questions. Please order them?* 1 2 3 4 5 6 What might affect me? (Risk identification, uncertainties, future events) O O O O What has changed? (Adapting to changes in the enterprise) O O O O O What am I trying to achieve? (Objective setting. Understanding scope) O O O O O Which are most important? (Risk assessment likelihood/impact) O o O O O O Did it work? (Confirm effectiveness) O O What should we do? (Mitigation, Prevention, Avold/Reduce/Transfe/Accept) O O 7- All risks can and should be avoided. False or True? O True O False

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