Question 1
Which of the following affects the calculation of ALE (Annualized Loss Expectancy)?
Question 2
How is the 'Traffic Light Grid' used in qualitative risk assessment categorized?
Question 3
Which metric involves calculating the expected annual loss of a risk?
Question 4
What is the formula for Single Loss Expectancy (SLE)?
Question 5
What is an example of a risk with a 'Very High' overall risk assessment using the Traffic Light Grid?
Question 6
How is 'Likelihood' different from 'Probability' in risk assessment?
Question 7
Which approach uses broad terms to categorize risk impact and likelihood?
Question 8
What are the two main types of risk assessments?
Question 9
What does the term 'Risk Tolerance' refer to?
Question 10
In a quantitative risk assessment, what does the acronym 'ARO' stand for?
Question 11
What is the primary purpose of the Risk Register in project management?
Question 12
What is 'Risk Appetite' in risk assessment?
Question 13
What does EF stand for in the context of risk assessment?
Question 14
What does the 'Property Impact' consideration evaluate in risk assessment?
Question 15
What is considered the top priority in risk assessment?