Question: Match the document or analysis to its purpose. 1 A tool for documenting potential risk events and related information. 2 Grid showing relationship between two
Match the document or analysis to its purpose.
1 A tool for documenting potential risk events and related information.
2 Grid showing relationship between two elements of risk.
3 Process of asking a panel of experts.
4 the product of a risk event probability and the risk's monetary value
5 Early indicator a risk is actually happening so response needs to be activated.
6 simulation of outcome multiple times, using a random normal distribution to events, to evaluate likely outcomes and their density (likelihood).
7 Person responsible for risk if it occurs.
8 evaluation of effect of different outcomes on market (or other) behavior
9 many ways to say if you want to identify risk better, "ask around"
| A. | Trigger |
| B. | Risk Owner |
| C. | Interviewing, Delphi Method, Root Cause Analysis, Brainstorming (often with SWOT). |
| D. | Expected Monetary Value (EVM) Decision Tree |
| E. | Delphi Method |
| F. | Monte Carlo Analysis |
| G. | Risk Register |
| H. | Sensitivity Analysis |
| I. | Probability/Impact Matrix |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
