Once a risk is made known, _____ will execute the planned risk strategy.
A) risk identification
B) risk assessment
C) risk planning
D) risk response
E) risk strategies

Question

Quizplus · Accepted Answer

Risk response is the phase where the planned risk strategy will be executed. The other options are different stages in the risk management process but do not involve executing the risk strategy. Risk identification involves identifying potential risks, risk assessment involves analyzing the likelihood and impact of the identified risks, risk planning involves developing a plan to manage the risks, and risk strategies are the specific steps identified in the risk management plan to address the risks.

Once a Risk Is Made Known, _____ Will Execute the Planned