____ is a defined set of actions to prevent or reduce the likelihood of occurrence or the impact of a risk, or to implement if the risk event occurs.
A) A risk response plan
B) A risk assessment
C) A risk management strategy
D) A risk impact statement

Question

Quizplus · Accepted Answer

A risk response plan is a defined set of actions to prevent or reduce the likelihood of occurrence or the impact of a risk, or to implement if the risk event occurs. A risk assessment is the process of identifying, analyzing, and evaluating potential risks. A risk management strategy is a comprehensive approach to managing risk. A risk impact statement is a document that outlines the potential consequences of a risk event. Among these choices, only a risk response plan fits the description given in the question.

____ Is a Defined Set of Actions to Prevent or Reduce