Assessment tool 1
Assessment activity 1: Review organisational processes, procedures and requirements for undertaking risk management
1. Create your own definitions for the following terms:
a) Risk: A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.
b) Risk management: The identification, analysis, assessment, control
Words: 302 - Pages: 2