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Question

What is the main purpose of risk management?

a.

To prevent risks from becoming problems

b.

To identify potential problems

c.

To solve problems that have already occurred

d.

To develop strategies to mitigate risks

Posted under Software Engineering

Answer: (a).To prevent risks from becoming problems Explanation:Risk management is concerned with preventing risks from becoming problems. It involves identifying the risk factors, determining the risk exposure, developing strategies to mitigate risks, and monitoring risk factors.

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Q. What is the main purpose of risk management?

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