Risk timing affect probable consequences if a risk occur

Q.  Which factors affect the probable consequences if a risk occur?
- Published on 21 Jul 15

a. Risk avoidance
b. Risk monitoring
c. Risk timing
d. Contingency planning

ANSWER: Risk timing

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    Discussion

  • Nirja Shah   -Posted on 28 Oct 15
    - There are three factors that affect the consequences that are likely if a risk occurs:

    Nature
    - This risk indicates the problems that are likely if it occurs.

    Scope
    - The scope of a risk combines the severity with its overall distribution.

    Timing
    - The timing of a risk considers when and for how long the impact will be felt.

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