Discuss some of the process for assessing risk

      

Discuss some of the process for assessing risk

  

Answers


Lydia
Choosing unique identifier for referring to the same risks in a company or project document
Describing the risks and how it could be become a liability
Assessing the consequences of that
Considering what precaution could be taken to prevent it
Drawing up contingency plans and procedures for handling it
Categorizing risk as new ongoing or closed
Estimating the probability of the risk becoming a liability
Estimating the consequences in terms of time for the project

lydiajane74 answered the question on April 29, 2018 at 15:19


Next: Suggest a reason why BaSO4(a pigment made from sulphuric acid) would be suitable in making paint for cars.
Previous: What are turnaround documents?

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions