Process used to compare the estimated risk against given risk criteria to determine the significance of the risk.
A) Risk evaluation
B) Risk estimation
C) Risk identification

Question

Quizplus · Accepted Answer

Risk evaluation is the process of comparing the estimated risk against given risk criteria to determine the significance of the risk. Risk estimation is the process of determining the magnitude of the risk, and risk identification is the process of identifying potential risks that may affect a project.

Process Used to Compare the Estimated Risk Against Given Risk