Which statement describes the 'Implement' step within the recommended risk management procedure?
Which statement describes the 'Implement' step within the recommended risk management procedure?
The 'Implement' step within the risk management procedure is where planned actions to respond to identified risks are put into effect. This includes executing the strategies developed during the planning phase to mitigate, avoid, transfer, or accept risks. Therefore, taking planned action to respond to a risk accurately describes this step.
The Implement step within the recommended risk management procedure refers to the stage in which planned actions are taken to respond to a risk. In other words, once the risk has been identified, assessed, and analyzed, the next step is to develop a risk response plan, and then to implement this plan by taking action to mitigate or avoid the risk. Option A is therefore the correct answer to the question. It describes the Implement step accurately and succinctly.