Where risks cannot be eliminated, what will the organisation need to develop to make sure that duration of disruption is minimised?  A. Risk toleration  B. Remediation  C. Risk avoidance  D. Demand estimation

As a risk manager we are most concerned about disruption because:Group of answer choicesDisruption may mean we lose our jobDisruption may reduce our profit levelsDisruption may fundamentally change how our industry makes moneyDisruption may reduce our asset values

Risk Management: Identifying potential risks and developing strategies to mitigate them. This helps in minimizing the impact of uncertainties on the project

What is the key element of continuous risk management in projects?Grupo de elecciones de respuestaIdentifying risks once at the project startIgnoring risks after the initial assessmentRegularly reassessing risks throughout the projectAccepting all identified risks

The best strategy of managing risks is to develop a business environment that minimizes: (1) the probability of the event occurring, and (2):

During a crisis, what is the primary focus of managerial decision-making? Long-term planning Risk avoidance Urgent and effective responses  Cost-cutting measures