MCT Risk

1. One the following statements is corect:

• Rigorous risk management provides absolute certainty that objectives will be achieved
• Rigorous risk management provides comfortable certainty that objectives will be achieved
• Rigorous risk management provides definitive certainty that objectives will be achieved

2. The quantitative risk assessment appeared over the years:

• 1650
• 1792
• 2004
• 2009

3. Risk:

• Is inevitable
• Is intrinsic to any activity
• Can be eliminated
• Cannot be eliminated
• Can be reduced

4. The two sides of the risk coin are:

• Risks and threats
• Strengths and weaknesses
• Risk and opportunities
• Threats and opportunities

5. A process creates, among other things:

• Added value
• Potential nuisances
• Quality