December
1999 QUESTION 4 Total Marks: 15 Marks |
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questions
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| (a) |
List and explain four steps that are recommended for the effective implementation of methods and procedures for managing complexity.
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[8] |
| (b) |
Risks are usually put into four categories:technical, market, financial, and human. Explain all four of these categories.
|
[4] |
| (c) |
Risk response planning is concerned with developing strategies to cope with risk events.Explain three strategies for coping with risk. |
[3] |