Your project is an agricultural-based project that deals with plant irrigation systems. You have discovered a byproduct in your project that your organization could use to make a profit. If your organization seizes this opportunity it would be an example of what risk response?
You are the risk professional of your enterprise. You have performed cost and benefit analysis of control that you have adopted. What are all the benefits of performing cost and benefit analysis of control? Each correct answer represents a complete solution. Choose three.
When reporting risk assessment results to senior management, which of the following is MOST important to include to enable risk-based decision making?
What activity should be done for effective post-implementation reviews during the project?
Which is the MOST important parameter while selecting appropriate risk response?