Regular Reviews of a Risk Management Plan (RMP) Allow an Organisation

question 8

Multiple Choice

Regular reviews of a risk management plan (RMP) allow an organisation to:

• A) proactively re-examine the risks it faces.
• B) proactively re-examine its evaluation of the risks it faces.
• C) analyse the strengths and weaknesses of the RMP.
• D) identify opportunities to improve and update the RMP so that it will reflect changing circumstances inside and outside the organisation.
• E) All of these responses are correct.

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Definitions:

Feature Phone

Inexpensive cell phones with modest processors, simple interfaces, and, often, no touch screens.

Smartphone

A mobile phone that includes advanced functionalities beyond making calls and sending text messages, such as internet connectivity and the ability to run apps.

Kilohertz

A unit of frequency equal to one thousand hertz (Hz), often used to measure the clock speeds in computers and electronics.