Which of the following is NOT a step in the process of managing risk?
A)identifying risks
B)analyzing probability of risk occurring
C)formulating risk mitigation strategies
D)identifying person to be held responsible

Question

Quizplus · Accepted Answer

While identifying a person to be held responsible for risk management may be a part of risk management planning, it is not a step in the process of managing risk itself. The three steps involved in the process of managing risk are identifying risks, analyzing the probability of the risk occurring, and formulating risk mitigation strategies.

Which of the Following Is NOT a Step in the Process