Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.
Sagot :
A manager be interested in analyzing risk to determine a range of outcomes.
What are the reasons to analyze risk?
Project managers and their teams undertake risk analysis, such as calculating the likelihood of various undesirable outcomes affecting a project, to avoid or minimize their impacts. The process can help reduce exposure, time, and budget overruns and keep businesses in compliance.
Analyzing risk can help to uncover threats to the success of the projects or business operations, such as: vulnerabilities in security; potential litigations, penalties and non-compliance issues; and, mistakes in budget or scheduling.
In general, there are 4 accepted ways to respond to risks, those are: avoidance, mitigation, acceptance, and transfer.
Learn more about analyze risk at: https://brainly.com/question/29343207
#SPJ4
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.
