Risk Management consists of ____________.
A)risk analysis and risk estimation.
B)risk control and risk planning.
C)risk identification and monitoring.
D)risk control, planning, identification and monitoring.

Question

Quizplus · Accepted Answer

Risk Management encompasses all aspects mentioned: risk control, planning, identification, and monitoring, making it a comprehensive approach to identifying, assessing, and prioritizing risks followed by coordinated application of resources to minimize, monitor, and control the probability or impact of unfortunate events.

Risk Management Consists of ____________