5.2 Risk Management Flashcards
1
Q
Organizations face many internal and external factors that make it uncertain whether and when …
A
they will achieve their objectives (ISO 31000).
2
Q
Risk management allows the organizations:
- to increase the l…
- improve the q…
- increase the stakeholders’ …
A
- likelihood of achieving objectives
- quality of their products
- confidence and trust.
3
Q
The main risk management activities are:
- risk analysis (consisting of risk i…
- risk control (consisting of risk m…
A
- identification and risk assessment)
- mitigation and risk monitoring)
4
Q
Risk-based testing
The test approach in which test activities are … based on risk a…
A
selected, prioritized, and managed
analysis and risk control.
