Question

What is the process of determining the risk exposure?

a.

Identify the risk factors, determine the probability and effect of the risk, and develop strategies to mitigate the risks

b.

Identify the risk factors, determine the likelihood and impact of the risk, and implement control measures

c.

Assess the risk factors, determine the severity and likelihood of the risk, and develop a risk management plan

d.

Identify the risk factors, evaluate the risk, and implement control measures

Posted under Project Planning and Control Software Engineering

Answer: (a).Identify the risk factors, determine the probability and effect of the risk, and develop strategies to mitigate the risks Explanation:The process of determining the risk exposure involves identifying the risk factors, determining the probability and effect of the risk and then developing strategies to mitigate the risks. The risk exposure equals probability multiplied by effect.

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