Risk is expressed in terms of probability & impact - Risk analysis and management

Q.  Risk is expressed in terms of probability and impact.
- Published on 14 Aug 15

a. True
b. False

ANSWER: True
 

    Discussion

  • Prajakta Pandit   -Posted on 05 Nov 15

    - The above statement is true. Risk is expressed in terms of probability and impact.

    - It is the future uncertain events with a probability of occurrence and a potential for loss.

    - Risk is a possibility, not a certainty.

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