What is defined as the effect of uncertainty on objectives?

The correct answer is B. Risk. Risk is defined as the effect of uncertainty on objectives, according to the ISO 31000 standard, which provides principles and guidelines for risk management1 Risk can be positive or negative, depending on whether the uncertainty affects the achievement or the failure of the…

Core Concepts

Question

Options

AVulnerability
BRisk
CContinuity
DThreat

How the community answered

(28 responses)

A
7% (2)
B
89% (25)
D
4% (1)

Explanation

Risk is defined as the effect of uncertainty on objectives, according to the ISO 31000 standard, which provides principles and guidelines for risk management1 Risk can be positive or negative, depending on whether the uncertainty affects the achievement or the failure of the objectives. Risk can also be expressed in terms of likelihood and impact, which indicate the probability and the consequence of the risk occurrence. Risk management is the coordinated activities to direct and control an organization with regard to risk. Risk management is an integral part of the TOGAF standard, as it helps to identify, assess, and treat the risks that may affect the architecture development and implementation.

Topics

#risk definition#uncertainty#risk management#TOGAF terminology

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