312-76V3: EC-Council Disaster Recovery Professional (EDRP)

By ECCouncil · Question Mode

QuestionQ120

VerifiedRisk Assessment

Remy invested $15,000 in an organization that manufactured computer hardware. The investment was risky because it had a 15% chance of failing during the first three months if the organization did not obtain a specific desired contract. However, this percentage increased drastically to 35% over the same period after an inspection found that the manufacturing unit lacked adequate fire-safety measures. Consequently, the likelihood of a fire breaking out and destroying the unit was very high. Which risk-evaluation method has Remy used in this scenario?

Explanation

Risk valuation assesses the likelihood and potential consequences of identified risks. Here, the investment’s failure probability is evaluated and revised from 15% to 35% after identifying inadequate fire-safety measures and the resulting high fire risk.

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