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NEW QUESTION: 1
You have identified several risks in your project. You have opted for risk mitigation in order to respond to identified risk. Which of the following ensures that risk mitigation method that you have chosen is effective?
A. is incorrect. The objective of risk reduction is to reduce the residual risk to levels below
the enterprise's risk tolerance level.
B. is incorrect. Risk reduction efforts can focus on either avoiding the frequency of the risk
or reducing the impact of a risk.
The inherent risk of a process is a given and cannot be affected by risk reduction or risk mitigation
efforts. Hence it should be reduced as far as possible.
D. Minimization of residual risk
E. Reduction in the impact of a threat
F. Minimization of inherent risk
G. Reduction in the frequency of a threat
is incorrect. Risk reduction efforts can focus on either avoiding the frequency of the risk
or reducing the impact of a risk.