Define risk projection-00285
This subjective question is related to the book/course vu cs101 Introduction to Computing. It can also be found in vu cs101 Mid Term Solved Past Paper No. 10.
Question 1: Define risk projection:
Answer:
Risk Projection
Risk projection is concerned with risk estimation. It attempts to rate risks in two ways: Likelihood and consequences. There are four risk project activities. These are:
- Establish a scale that reflects the perceived likelihood of risk
- Delineate the consequences
- Estimate impact
- Note the overall accuracy of risk projection