Risk Evaluation and Management Concepts
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Questions and Answers

Risk evaluation involves an objective assessment of whether a risk is manageable and acceptable.

False

The process of risk evaluation includes deciding if risk mitigation measures should be implemented.

True

Risk acceptance is unrelated to the evaluation of risk.

False

In risk evaluation, a 'high' risk indicates that corresponding work should not proceed.

<p>True</p> Signup and view all the answers

Evaluating a risk as 'low' guarantees that work can proceed without any further analysis.

<p>False</p> Signup and view all the answers

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