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What will be your reply?

You work as a project manager for BlueWell Inc. You are involved with the project team on the
different risk issues in your project. You are using the applications of IRGC model to facilitate the
understanding and managing the rising of the overall risks that have impacts on the economy and
society. One of your team members wants to know that what the need to use the IRGC is. What
will be your reply?

PrepAway - Latest Free Exam Questions & Answers

A.
IRGC models aim at building robust, integrative inter-disciplinary governance models for
emerging and existing risks.

B.
IRGC is both a concept and a tool.

C.
IRGC addresses the development of resilience and the capacity of organizations and people to
face unavoidable risks.

D.
IRGC addresses understanding of the secondary impacts of a risk.

Explanation:

IRGC is aimed at building robust, integrative inter-disciplinary governance models for emerging
and existing risks.
The International Risk Governance Council (IRGC) is a self-governing organization whose
principle is to facilitate the understanding and managing the rising overall risks that have impacts
on the economy and society, human health and safety, the environment at large. IRGC’s effort is
to build and develop concepts of risk governance, predict main risk issues and present risk
governance policy recommendations for the chief decision makers. IRGC mainly emphasizes on
rising, universal risks for which governance deficits exist. Its goal is to present recommendations
for how policy makers can correct them. IRGC models at constructing strong, integrative interdisciplinary governance models for up-coming and existing risks.
Answer B is incorrect. As IRGC is aimed at building robust, integrative inter-disciplinary
governance models for emerging and existing risks, so it is the best answer for this options D and

C are incorrect. Risk governance addresses understanding of the secondary impacts of a risk, the
development of resilience and the capacity of organizations and people to face unavoidable risks.


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