kstewert895 kstewert895

19-04-2024
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Answered

Which is the correct order of elements as per the AS/NZS 4360:2004 Risk Management Procedure?
1) Assess Risk (identify, analyze, and evaluate risks) → Establish the Context → Treat Risk → Monitor and Review → Communicate and Consult
2) Establish the Context → Assess Risk (identify, analyze, and evaluate risks) → Treat Risk → Monitor and Review → Communicate and Consult
3) Communicate and Consult → Establish the Context → Assess Risk (identify, analyze, and evaluate risks) → Treat Risk → Monitor and Review
4) Establish the Context → Communicate and Consult → Assess Risk (identify, analyze, and evaluate risks) → Treat Risk → Monitor and Review

Answer :

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