Question

In step three of the five step composite risk management process, you will develop one or more controls that either eliminate the hazard or reduce the risk of a hazardous incident occurring. What type of controls take the form of individual and collective training, and performance to standards?

Answer 1

Physical control

Explanation:

The risk to be ranked and prioritized. Most risk management has different of the risk, depending on the severity of the risk. A risk that may cause some inconveniences is rated as low. The risk-rated highly with catastrophic losses. It is rated to risk because it allows the organization to gain a holistic view of the risk exposure of the whole organization. The business may be more vulnerable to several low-risk factors. But it may not require upper management intervention. On the other hand, just one of the highest-rated risk is enough to require immediate intervention.