What is defined as the effect of uncertainty on objectives?
Risk is defined as the effect of uncertainty on objectives, according to the ISO 31000 standard, which provides principles and guidelines for risk management1Risk 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 implementation2Reference:1: ISO 31000:2018, Risk management --- Guidelines, Clause 3.12: The TOGAF Standard, Version 9.2, Part III: ADM Guidelines and Techniques, Chapter 32: Risk Management
Limited Time Offer
25%
Off
Pamella
2 months agoMeghann
2 months agoCarmen
2 months agoRima
3 months agoViki
3 months agoDalene
3 months agoMarg
3 months agoLea
4 months agoLucy
4 months agoFiliberto
4 months agoDorothy
4 months agoJolanda
4 months agoLeatha
5 months agoVincent
5 months agoOretha
10 months agoRory
11 months agoHuey
11 months agoKanisha
11 months agoEmilio
11 months agoEugene
10 months agoOliva
11 months agoRosenda
11 months agoSamira
11 months agoJordan
10 months agoColette
11 months agoLaila
11 months agoShawna
11 months agoWilford
11 months agoJesus
11 months agoUla
11 months ago