Which of the following best describes the meaning of "Initial Level of Risk" in Risk Management?
Which of the following best describes the meaning of "Initial Level of Risk" in Risk Management?
The initial level of risk refers to the risk categorization before determining and implementing mitigating actions. This helps in understanding the potential impact and likelihood of risks in their raw state before any measures are taken to reduce or control them.
Reference: "risk categorization prior to determining and implementing mitigating actions" Link: https://pubs.opengroup.org/architecture/togaf9-doc/arch/
27.1 Introduction There are two levels of risk that should be considered, namely: Initial Level of Risk: risk categorization prior to determining and implementing mitigating actions Residual Level of Risk: risk categorization after implementation of mitigating actions (if any) https://pubs.opengroup.org/architecture/togaf9-doc/arch/chap27.html#:~:text=Initial%20Level%20of%20Risk%3A%20risk,of%20mitigating%20actions%20(if%20any)
Correct Answer D: There are two levels of risk that should be considered, namely: Initial Level of Risk: risk categorization prior to determining and implementing mitigating actions Residual Level of Risk: risk categorization after implementation of mitigating actions (if any)
27. Risk Management 27.1 Introduction There are two levels of risk that should be considered, namely: Initial Level of Risk: risk categorization prior to determining and implementing mitigating actions Residual Level of Risk: risk categorization after implementation of mitigating actions (if any)
Correct Answer There are two levels of risk that should be considered, namely: Initial Level of Risk: risk categorization prior to determining and implementing mitigating actions Residual Level of Risk: risk categorization after implementation of mitigating actions (if any)