Fill in each blank space with the missing answer

Fill in the blanks below to demonstrate your understanding of the types and key principles of risk controls:

Risk controls are used by organisations to

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or reduce the impacts of identified

risks. There are times when the most

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control measure cannot be implemented

immediately. Lack of funds, resources or physical means that employers will need to identify

and

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the implementation of a control measure. This will be determined according to

the organisation$$s risk profile for the

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$.$ High$-$level risks should be implemented before

medium and low$-$level risks. Remember, a risk profile is how the organisation rates the

hazards, such as whether a risk is low, medium or high$-$level risk.