Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which of the following is not a tool or technique used during the Risk Quantification Process?

A. Expected monetary value

B.Contingency planning

C.Decision Trees

D.Statistical sums

E.All of the above are tools and techniques of Risk quantification

user-image
Question added by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
Date Posted: 2015/03/30
Nancy Refai
by Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

B because contingency planning is part of risk treatment which comes after risk assessment

Khurram Shaukat Memon
by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

Option (b), because contingency planning is done by management.

MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

Ans: Option B Contingency planning.............

Almutaz Bakry Sidahmed
by Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate

Answer (b), as it represents a risk response strategy (control).

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

My answer will be option B) ??????????????????

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.