A defined set of actions to prevent or reduce the likelihood of occurrence or the impact of risk is the
A) risk assessment matrix
B) the action trigger
C) risk identification brainstorming session
D) risk response plan

Question

Quizplus · Accepted Answer

A risk response plan outlines the specific actions that will be taken to prevent or reduce the likelihood of occurrence or the impact of risk. It is a key component of risk management and helps to ensure that a project or organization is prepared to handle potential risks. The other options - risk assessment matrix, action trigger, and risk identification brainstorming session - are all important steps in the risk management process, but do not specifically address the actions that need to be taken to mitigate risk.

A Defined Set of Actions to Prevent or Reduce the Likelihood