A. Obtain an insurance policy to cover the impact should the risk occur
B. Carry out an action to make the uncertain situation certain
C. Partake in a pain/gain contract with another party for the specified risk
D. Perform an action to minimise the impact of the risk should it occur
A. Availability of skills to deliver services to new and existing customers
B. Implementing new business practices across organizational boundaries
C. Schedule of business products to time and cost
D. Legislation that affects core business activities
A. Stakeholders involved in an activity
B. Net effect of risks on the objectives of an activity
C. Roles and responsibilities of those involved in an activity
D. Factors that may impact the objectives of an activity
A. Introduction of new laws that affect core business activities
B. Changes to the scope of defined business products
C. Availability of resources for the day-to-day delivery of services to customers
D. Disruptions to operations during business change implementation
A. A sound system of internal control to ensure that effective management systems have been established to protect the organization
B. The systematic application of principles, an approach and a process to the tasks of managing risk
C. A standard set of high-level criteria against which the degree of difficulty of a proposed project is assessed
D. A plan for the fast and efficient resumption of essential business services
A. Effect
B. Probability
C. Event
D. Cause
A. Describe risks faced by the organization that may prevent an activity from succeeding
B. Obtain information about the external and internal factors that may affect the planned activity
C. Define an activity's key performance indicators
D. Understand a stakeholder's view of an activity's risk profile
