What is the IMMEDIATE step after defining set of risk scenarios?

A.
Risk mitigation

B.
Risk monitoring

C.
Risk management

D.
Risk analysis

Explanation:

Once the set of risk scenarios is defined, it can be used for risk analysis. In risk analysis, likelihood
and impact of the scenarios are assessed. Important components of this assessment are the risk
factors.
Answer C is incorrect. Risk analysis comes under risk management, therefore management is a
generalized term, and is not the best answer for this B is incorrect. Risk monitoring is the latter
step after risk analysis and risk mitigation.
Answer A is incorrect. Risk mitigation is the latter step after analyzing risk.