Define control in the context of risk analysis

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Reference no: EM133261317

Assignment:

1. If a given risk has a risk status of 12, what are the two possible values for impact?

2. Define "control" in the context of risk analysis and provide an example in the context of a sporting event.

3. A given risk has a risk status of 1. Explain what that means in terms of the probability, impact and severity of that risk.

Reference no: EM133261317

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