In: Mechanical Engineering
Part II. Matching
Match each of the following terms with their most appropriate
description.
A. Target risk
B. Countervailing risk
C. Synergistic effect
1.The risk scenario which prompts the whole decision process,
often reflected by the main objective
2.The risk that arises from the action of managing the target
risk
3.Desirable consequence of managing risk other than reducing the
target risk
A. Target risk is the risk scenario which prompts the whole decision process, often reflected by the main objective.
B. Countervailing risk is the risk that arises from the action of managing the target risk.
C. Synergistic effect is the desirable consequence of managing risk other than reducing the target risk