When creating a risk model, answer the following questions:
- Which domains would you consider first?
- What factors would you consider?
- What strategies and steps would you use?
- Explain your rationale for your answers.
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Risk Model in IT
There are three domains namely risk governance, risk evaluation and risk response that would be considered, while creating a risk model. Among these domains, it is necessary to consider the risk governance first due to presence of technical complexity, service ...
The solution discusses creating a risk model. The strategies and steps are explained.