Question: Develop a risk assessment criterion that will be utilised for the risks identified in (1.2) above. This should present a form of measurement that will

Develop a risk assessment criterion that will be utilised for the risks identified in (1.2) above. This should present a form of measurement that will be used when comparing and aggregating risks across the organisation. Your response should define scales for rating the risks and these should comprise rating levels and definitions that foster consistent and application by different stakeholders. Scales should allow meaningful and differentiation for ranking and prioritisation purposes

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