Risk management

Thursday, March 30, 2023 9:27 AM

Opportunity Exploit, enhance, share, accept

Threat Avoid, mitigate, transfer, accept
Methods Qualitative, watchlist, quantitative

Ambiguity Risk caused by lack of understanding (understand of the scope)

EMV (estimated monitor value) 1. Negative: then it is a threat

2. Positive: opportunity
3. There are two options to choose, choose the lower value o