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Which of the following is not a tool or technique used during the Risk Quantification Process?

A. Expected monetary value

B.Contingency planning

C.Decision Trees

D.Statistical sums

E.All of the above are tools and techniques of Risk quantification

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Question added by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
Date Posted: 2015/03/30
Nancy Refai
by Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

B because contingency planning is part of risk treatment which comes after risk assessment

Khurram Shaukat Memon
by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

Option (b), because contingency planning is done by management.

MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

Ans: Option B Contingency planning.............

Almutaz Bakry Sidahmed
by Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate

Answer (b), as it represents a risk response strategy (control).

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

My answer will be option B) ??????????????????

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