Question: What is the first step in the risk management process? Question 4 Answer a . Risk Mitigation b . Risk monitoring c . Risk Identification

What is the first step in the risk management process?
Question 4Answer
a.
Risk Mitigation
b.
Risk monitoring
c.
Risk Identification
d.
Risk assessment

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

What is the first step in the risk assessment process? Question 1 6 Answer a . Hazard control b . Risk evaluation c . Risk communication d . Hazard identification

Q:

Which is usually the last step in a risk management process? Risk consequence Risk identification Risk mitigation Risk exposure Risk monitoring In which step of the risk management process do you...

Q:

1)Monitoring the performance of risk handling actions is involved in which step of the risk management process? Risk identification Risk mitigation Risk analysis Risk monitoring 2)The Joint Staff has...

Q:

Which is usually the last step in a risk management process? Group of answer choices Risk consequence Risk identification Risk mitigation Risk exposure Risk monitoring

Q:

The first step in the risk management process is: Group of answer choices Risk mitigation Risk analysis Risk identification Risk evaluation

Q:

What is the second step in a risk management process? Group of answer choices Identification of risks Choosing risk management methods Implementation of the chosen methods and monitoring the risk...

Q:

What is the first step in the risk management process for a project? Group of answer choices Risk identification Risk acceptance Risk monitoring Risk response planning

Q:

1 . You recently started a food tour company. You bring people around Denver to sample various tasty bites from local restaurants. You've noticed there is a risk people might sue you if they get sick...

Q:

QUESTION 2 [50] 2.1 Globally, the construction and mining industries have a poor health and safety record, and South Africa is no exception. A means of managing these construction and mining...

Q:

RMI 2 1 0 1 INTRODUCTION TO RISK MANAGEMENTHOMEWORK ASSIGNMENT 2 ( 2 0 POINTS ) SPRING 2 0 2 4 Due on Wednesday February 1 4 th , 2 0 2 4 by 1 1 : 5 9 PM on CanvasBe careful to follow the Guidelines...

Q:

List the errors you find in the following partial balancesheet: Contours Company Balance Sheet December 31, 2012 Assets Total current assets 350,000 Replacem Accumulated Book Value Cost Property,...

Q:

What is the purpose of the statement of cash flows?

Q:

3. Answer true or false to the following statements: All arguments must have more than one premise.

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...