Question 3 Risk Response and Control

3.1 Using the table below, propose the most appropriate risk responses for each of the risk identified in question 2.1. If any of the risks are not acceptable, then propose sufficient (more than 1 if needed) controls to make them tolerable (acceptable). (10 marks

) identifier ,Category, Description, Caus,e Effect ,Rating, Response, Category ,Control 1 ,Control 2

3.2 Discuss how the level of confidence can be illustrated on a risk matrix? (5 marks )

3.3 With aid of an appropriate diagram, show the impact of the various controls on the inherent risks identified in question 2.1 using the level of confidence methodology? (10 marks)