QuestionQ712

Risk Assessment

Which of the following is the MOST critical part of the risk management process?

  • A Risk communication
  • B Auditing
  • C Risk monitoring
  • D Risk mitigation
Explanation

Risk communication enables decision-makers, risk owners, and affected stakeholders to understand the basis for risk decisions and the actions required. It occurs throughout risk management and is necessary for mitigation and monitoring activities to be carried out effectively.

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