Risk mitigation for a process can be performed using which of the following strategies? (Choose all that apply) a. Modify Procedures b. Purchase insurance against the risk c. Eliminate unnecessary procedures d. Having backup or redundant systems Risk monitoring allows us to understand changes in the risk profile. Risk monitoring is an active process that ensures a system's risk does not move from the acceptable range. Which of the following are examples of risk monitoring? (Choose all that apply) a. Using video cameras to record a structure for changes b. Auditing Process and rectification to ensure compliance. c. Dealing with problems once they become apparent d. Understanding the effects of changing risks on the project's objectives. Risk management attempts to manage the risk without eliminating the risk. Which of the following are examples of risk management? (Select all that apply) a. Insurance on unacceptable risks b. Total elimination of all risks c. Identify possible failures d. Auditing failure paths