Risk Analysis and Management Practice Questions
3.6 (3 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,753 students enrolled

Risk Analysis and Management Practice Questions

Examination Preparation and Interview questions on Risk Analysis and Management
3.6 (3 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,753 students enrolled
Last updated 6/2019
English
Risk Analysis and Management Practice Questions
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This course includes
  • 2 Practice Tests
  • Full lifetime access
  • Access on mobile
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Requirements
  • Anyone who wants to practice
Included in This Course
+ Practice Tests
2 Tests 20 questions

Try your best to answer all the questions. All questions are important.

Risk Analysis and Management Practice Questions-I
10 questions

Try your best to answer all the questions. All questions are important.

Risk Analysis and Management Practice Questions-II
10 questions
Description

Risk analysis is a method used to identify and assess factors that may jeopardize the success of a project or achieving a goal.

This method also helps to define preventive measures to reduce the probability of these factors from occurring and identify countermeasures to successfully deal with these constraints when they develop to avert possible negative effects on the competitiveness of the company.

Facilitated Risk Analysis process assumes that additional efforts to develop precisely quantified risks are not cost effective because:

  • such estimates are time consuming

  • risk documentation becomes too voluminous for practical use

  • specific loss estimates are generally not needed to determine if controls are needed.

  • without assumptions there is little risk analysis

Please Note: These questions are for practice and understanding level of knowledge only. It is not necessary that these questions may or may not appear for examinations and/or interview questions.

Who this course is for:
  • Risk Analysis and Management
  • All Audience