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CERTIFICATE OF SECURITY $ RISK MANAGEMENT CLASS on the fence(p) volume EXAMINATION Question Q 1. What is peril Management? endangerment management is about treating, place risk in the virtually cost effective and simple way as possible. insecurity management is an on discharge process and each cartridge clip it is done new amour are seen. Q2. What are the benefits of risk management? * Fewer surprises * lay hold of opportunities * Improved planning, surgical operation and effectiveness * Efficiency and effectiveness * Improved information termination making * Enhanced composition Q3. What does plus include? * quality * People * Information * Reputation Q4. How can you determine which asset are valuable and critical to an organization? For event a person in the organization or stakeholder may non be business critical merely their well-being should be more(prenomin al) crucial than a business critical asset. How forever if harm is caused by negligence than litigation may follow and reputation result suffer, which may determine the asset volubility and criticalness to the organization. Q5. Define risk Risk is the chance of something happing that will permit an encroachment on the objective. Risk is often specified in term of an event or circumstances and its measured in term of consequence and likelihood Q6.

But risk or affright is also contingent on intent/ motivating+ susceptibility+ opportunity. If a criminal has the intent and the capability to deal but no opportunity does a threat pull round? Yes threat still exist simply because it has the ability and the design ! is rear In confidence, when filled in Q7. * It will impact the organization objective * The effect will be great * Minor effect that are well remedied * Some important objectives can not be achieved Q8. What prat up placement should be considered if a risk is to pass? Give example or use your imagination. * We need to forfend it as soon...If you want to get a full essay, lay out it on our website: OrderEssay.net

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