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2024 (C) Signup and view all the answers

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What is the primary purpose of a stakeholder risk register?

To collate the assessment and analysis of stakeholder risks and opportunities (C) Signup and view all the answers

What is the preferred option for impact mitigation in the risk treatment hierarchy?

Risk avoidance (C) Signup and view all the answers

What is the purpose of a modified risk matrix in stakeholder risk assessment?

To evaluate the likelihood and impact of risks (D) Signup and view all the answers

What is the role of Fig. 8.6 in stakeholder risk assessment?

To assist in considering threats to mitigate and opportunities to enhance (B) Signup and view all the answers

What is the primary focus of a social impact management plan (SIMP)?

Addressing the social impacts of projects (A) Signup and view all the answers

What is the purpose of evaluating risks in the stakeholder risk assessment process?

To determine whether to accept or treat a risk (D) Signup and view all the answers

What is the primary purpose of a SIMP in the context of environmental and social risk management?

To reaffirm the role of government in providing services to people impacted (C) Signup and view all the answers

What is a significant benefit of effectively managing environmental and social risks in a project?

Improving the identification of problems and reducing uncertainty (C) Signup and view all the answers

What is the main focus of the CarbonCap project, a case study presented in the appendix?

A carbon capture and storage project (D) Signup and view all the answers

What is the importance of considering both the upside and downside of risk in environmental and social risk management?

To identify opportunities to enhance project benefits and mitigate negative impacts (C) Signup and view all the answers

What is the role of stakeholder identification in environmental and social risk management?

To identify people impacted by the project (C) Signup and view all the answers

What is the purpose of a risk assessment template in environmental and social risk management?

To assess the environmental and social impacts of a project (C) Signup and view all the answers

What is the purpose of the social opportunity and threat risk assessment matrix in Table 8.2?

To assess the potential benefits and risks of a project to stakeholders (A) Signup and view all the answers

What is the focus of the enhancement plans in Figure 8.6?

Enhancing positive social impacts (B) Signup and view all the answers

What is the characteristic of a 'Major Impact' in the risk assessment matrix?

Very likely to occur and has a significant impact (D) Signup and view all the answers

What is the purpose of mitigation plans in risk management?

To reduce or eliminate the probability of a risk occurring (B) Signup and view all the answers

What is the focus of the risk assessment template in Table 8.2?

Assessing the social opportunities and threats of a project (C) Signup and view all the answers

What is the purpose of stakeholder identification in social risk management?

To identify the groups that may be impacted by a project (D) Signup and view all the answers