____ Involves Prioritizing Risks Based on Their Probability and Impact

question 68

Multiple Choice

____ involves prioritizing risks based on their probability and impact of occurrence.

• A)Performing qualitative risk analysis
• B)Planning risk management
• C)Planning risk responses
• D)Performing quantitative risk analysis

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Definitions:

Issued

Pertains to the official distribution or release of something, such as a document, currency, or product.

Holder

Any person in the possession of an instrument drawn, issued, or indorsed to him or her, to his or her order, to bearer, or in blank.

Promise

A person’s assurance that he or she will or will not do something.

Express Condition

A clearly stated stipulation in a contract that specifies an event or action that must occur for the contract to be fulfilled.