To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
What is the purpose of the RM step, Develop Controls and Make Risk Decisions
What is the purpose of the RM step, Develop Controls and Make Risk Decisions
To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
In composite risk management, the purpose of developing controls and making decisions is so you can reduce or even eliminate the problem. This must be done as quickly as possible and the decisions need to be made known to the entire team.
The purpose for developing controls and making risk decisions is to determine whether the risk is reduced enough that the benefits outweigh the risk of loss .
determine whether the risk is reduced enough that the benefits outweigh the risk of loss .
Sounds like a homework question. Regardless, the purpose of developing controls is to ensure your time is spent effectively. It's also to keep the sales team organized so they don't step on each other's toes. Makings risk decisions is to hedge your bets, to ensure you make enough profit and don't spend your time on needy or costly clients. Here's a link, warning it's a PDF.