Which of the 7Rs of risk management listed below pertains to risk assessment?

Name: Which of the 7Rs of risk management listed below pertains to risk assessment?
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

The 7Rs of risk management are Recognize, Rank, Respond, Review, Report and monitor risk performance, Resource controls, Reaction planning. Of these, the one that pertains to risk assessment is "Rank" as it involves the process of evaluating and prioritizing risks based on their likelihood and impact.

Which of the 7Rs of Risk Management Listed Below Pertains