The risk management tool that is divided into three color-coded zones representing major, moderate, and minor risks is the risk
A) assessment form.
B) responsibility matrix.
C) scenario assessment.
D) impact assessment.
E) severity matrix.

Question

Quizplus · Accepted Answer

The risk severity matrix is a tool used in risk management to categorize risks into different levels of severity, often using color codes such as red for major risks, yellow for moderate risks, and green for minor risks. This helps in prioritizing risks and determining the necessary actions to mitigate them.

The Risk Management Tool That Is Divided into Three Color-Coded