Develop Risk Response-Risk Management Process

Develop Risk Response:
A) Having identified and analysed a risk the question arises: How should we respond and react to a specific event?

B) Risk response requires some thought of contingency planning

C) Risk responses can be classified as:

  • Mitigating risk
  • Transferring risk
  • Sharing risk …. and
  • Retaining risk

   Related Questions in Biology

  • Q : Degree of control - Taxonomy of

    This is a research process, which influence the validity and reliability of research findings Case studies, field studies, laboratory studies and other forms of studies have different levels of control. A case study describes what had happened in the past. The researc

  • Q : Influence of pharmaceutical sales when

    Whenever the economy does a downturn, what is the job market similar to for pharmaceutical sales representatives?

  • Q : Hersey and Blanchard situation

    Hersey and Blanchard situation leadership ( life cycle theory ) Poal hersey has develop a leadership theory and accompanying the theory training programmed that are

  • Q : Plants control closing and opening of

    How do plants control closing and opening of stomata?

  • Q : How circulatory systems of the animals

    How are the circulatory systems of the animals categorized?

  • Q : Transportation of gases in tracheophytes

    Whether the transportation of the gases within tracheophytes are made through the vascular tissues?

  • Q : Extraembryonic membranes Name the

    Name the extraembryonic membranes which are present in vertebrates?

  • Q : Describe Systems Development Systems

    Systems Development: The SDLC is a process of information system (abbreviated as IS) development. Different SDLC models have been made and can be implemented, comprising waterfall, rapid prototyping, spiral, incremental, fountain, build and fix, synch

  • Q : Monocot and dicot plants Specify the

    Specify the major morphological differences between the monocot and dicot plants?

  • Q : Describe Customer Retention Customer

    Customer Retention: It is an assessment of the product or service quality given by a business which measures how loyal its customers are. The Customer retention statistics are usually expressed as a percentage of long term clients, and they are signif

©TutorsGlobe All rights reserved 2022-2023.