Determine the level of risk to yourself in this incident? What was the level of risk?

What are relative risks?

Risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events?TRUEFALSE

Risk is defined as the Blank______.Multiple choice question.possibility of suffering harm or loss resulting from a given actionidentification, assessment, and prioritization of suffering harm from a given actionsubjective judgment people make about the characteristics and severity of suffering harm from a hazardprocess of identifying potential hazards and analyzing what could happen if a hazard occurs

Which of the following statements about the ‘What is Risk?’, ‘Risk and Human Bias’ and ‘What is Risk Management?’ sections of the lecture material are TRUE:If the probability of a pure-risk event occurring is ‘almost certain’ but the impact is only ‘minor’ then it would normally only require a low level of risk management planning because it only has a minor impact.An individual can either lose $100 for certain (with 100% probability) or take a gamble. The gamble involves a 10% probability of losing $1,000 and a 90% probability of losing $0. A typical person exhibiting human bias would usually take the gamble, even though the rational risk-averse choice would be to take the certain loss of $100.

A risk is defined as what might have happened to the ____________ of the project.a.assessmentb.scopec.detrimentd.coste.schedule