IIBA Certified Business Analysis Professional CBAP Question # 141 Topic 15 Discussion
CBAP Exam Topic 15 Question 141 Discussion:
Question #: 141
Topic #: 15
Which of the following is the process of defining and analyzing the dangers to individuals, businesses, and government agencies posed by potential natural and human-caused adverse events?
Risk analysis is the process of defining and analyzing the dangers to individuals, businesses, and government agencies posed by potential natural and human-caused adverse events. Risk analysis involves identifying the sources and consequences of risk, estimating the likelihood and severity of risk events, and evaluating the effectiveness and feasibility of risk mitigation strategies. Risk analysis can be applied to various domains, such as IT, finance, security, health, environment, etc. Risk analysis can help to make informed decisions, optimize resource allocation, and enhance performance and resilience. References:
Risk Analysis- Open Courses by Atlantic International University - AIU, paragraph 1
Exam 1: Risk Analysis Flashcards | Quizlet, term 1
What is risk analysis? Definition and meaning - Market Business News, paragraph 1
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