Risk mitigation involves all but which of the following:
A)Developing system standards (policies, procedures, responsibility standards)
B)Obtaining insurance against loss
C)Identification of project risks
D)Performing contingent planning

Question

Quizplus · Accepted Answer

Risk mitigation involves actions taken to reduce the likelihood and impact of identified risks, such as developing standards, obtaining insurance, and performing contingent planning. Identification of project risks is a preliminary step before mitigation strategies can be applied, thus it does not involve the mitigation process itself.

Risk Mitigation Involves All but Which of the Following