Microsoft's risk management model includes all of the following EXCEPT ____.
A) category, which specifies the risk type
B) probability, which indicates the degree of adverse effect should the risk occur, on a scale of 1 to 10
C) mitigation plan, which identifies plans to control or limit the risk
D) trigger, which identifies a condition that would initiate the contingency plan

Question

Quizplus · Accepted Answer

Probability in risk management typically refers to the likelihood of the risk occurring, not the degree of adverse effect. The degree of adverse effect is usually referred to as impact or severity.

Microsoft's Risk Management Model Includes All of the Following EXCEPT