There are four steps in the Risk Management procedure, what are they?
There are four steps in the Risk Management procedure, what are they?
The four steps in the Risk Management procedure are Identify, Assess, Resource, and Implement. Each step is crucial for a comprehensive approach to managing risks: Identification of risks, assessing their impact, developing resources and strategies to mitigate them, and then implementing those strategies effectively.
C is correct. Ref Figure 10.1 (page 123)