5.2 Risk Management

Question 1

Organizations face many internal and external factors that make it uncertain whether and when they will a… (ISO “ “).

Answer 1

achieve their objectives
31000

Question 2

Risk management allows the organizations:
- to increase the “l…” of a…
- improve the “q…” of their “p…”
- increase the stakeholders’ c…

Answer 2

• likelihood
  achieving objectives
• quality
  products
• confidence and trust.

Question 3

The main risk management activities are:
- risk analysis (consisting of risk “i…” and r… )
- risk control (consisting of risk “m…” and r… )

Answer 3

• identification
  risk assessment
• mitigation
  risk monitoring

Question 4

Risk-based testing

The test approach, in which test activities are “s…“, “ “, and “m…“ based on risk “ “ and risk “c…“.

Answer 4

selected
prioritized
managed
analysis
control