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At the end of Chapter 10, there are 5 questions.  Answer each question in a Word document.

QUESTIONS

1. Sometimes risk workshops generate so many risks that it is not possible to assess all

of them, while on other occasions only a small number of risks are identified and indepth

assessment is possible. What are the advantages and disadvantages of these two

scenarios?

2. How do outcomes, causes, and risks differ, and what are the implications of confusing

these?

3. Is the term inherent risk helpful? How could it help and/or hinder the assessment of risk?

4. What are the implications of moving from assessments of predefined sets of risks to using

top-down objectives based on the balanced score card approach?

5. Contrast the advantages and disadvantages of using voting technology compared with

other approaches such as those described in this case study.